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 ?
A40 Price at posting:
8.2¢ Sentiment: None Disclosure: Not Held
