A40 0.00% 8.2¢ alita resources limited

Ann: Administrators commence recapitalisation process, page-231

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  1. 15,683 Posts.
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    For these reasons I see GXY coming out of this with at least 50% ownership. Given the recent listing of lithium as a ‘strategic resource’ by the US, I can’t see FIRB approval been granted for a Chinese company to take over an Australian company that has been driven into the ground as a result of Chinese actions.

    I thought you had supplied us with a good case as to why GXY or an another Australian company would ensure aussie ownership of at least a 50% owner of A40 at the completion of this process @Rob826 , however after the recent Bellamy's saga I am now not so sure ?
 
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