How can picking up A40 for a song help us and the overall lithium industry? A low valuation for a working mine, with what may be considerable unexplored assests, just helps the shorters, drive down M.C's, therefore hamstringing Companys ability to borrow for future expansion and ultimately delaying E.V progression when the manufacturers demand maximises in the near future. Hopefully A40 can work a way forward without a fire sale. All the best to holders of A40
GXY Price at posting:
$1.20 Sentiment: Buy Disclosure: Held