So let's give credit were credit is due. The very first post on this thread was from @nicolas40
What did he say in that first post "GXY has a 12% stake in Alita and is NOT a creditor (probably rather foolish by management to not be involved in the debt)"
Well congratulations to him for starting a thread that was spot on. Looks like management was in alignment with your observation. They played the game exactly as you suggested they should of. The rest of your post on the TO, looks to be in the wings. Let's just give it some more time.
Let's see what happens should we get an announcement before the next conf call as expected. This mini-series continues to be great drama of interest to follow. The story has definitely not come to an end yet.
So it is without a doubt GXY and A40's future is now intertwined. This outstanding game of strategy will really be one for academic text books to study in a few years time when the lithium sector turns around.
- Forums
- ASX - By Stock
- GXY
- GXY emergency offer for Alita?
GXY emergency offer for Alita?, page-328
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online