Going back when the lithium price was low and having Covid in the mix I thought Galaxy was a prime target for a T/O with having two excellent assets, James Bay and Sal de vida.
It would have been very cheap back then for someone like Albemarle, IMO with Orocobra/Galaxy merger it has made use much stronger and bigger company. Not that we could be taken over there is always someone bigger with deeper pockets.
Interesting that Martin said that Galaxy share register was mostly retail, and Orocobre was institution, but now combined we are more institution.
It's good to have a resource in the ground and even better if you have approval to get it out, once we are given the licence to mine, the company will de-resk again and that will reflected in the SP going forward.
AKE Price at posting:
$11.88 Sentiment: Hold Disclosure: Held
