The Dean
Really? How much resource was there and how much was it worth in the Ground?
GXY still have a 4o yr + Project Life with the rest of SDV, my understanding?.
Lithium at the "Salt of Life" Nth, Sth, E or W, in the ground, isn't cash in hand or worth anything until its out of the ground.
Thats 280m when/if the Deal is completed turns into Billions a lot sooner .
Lets go with what you suggest that more value could have been obtained Up North SDV.
Would there be any interested Parties for a higher price? or how long before one comes around.
This is Bird in the Hand, worth two in the Bush Stuff with taking the 280m now. imo
Do you really believe the GXY SP to be above the last low around 2.80 IF that announcement didn't come along. This is now the stepping stone to an ATH when its due.
Progress is what we and the Market want happening (and before the EV boom kicks in).
That 280m goes a long way to all our Payday. imo
I'v been critical of Management and some of their moves reported but this Deal alleviates some of the crap previously and is a step in the right direction. imo
Md
GXY Price at posting:
$3.09 Sentiment: Buy Disclosure: Held
