Not long ago people were talking about GXY as a takeover...

Not long ago people were talking about GXY as a takeover target.

Now we read: "Galaxy is now Alita's biggest shareholder with just over 12 per cent and is also its biggest creditor, putting Galaxy in the box seat to emerge with control of the Bald Hill mine.” And Cowan could be in GXY’s sites as well.

It reminds me of what Livy said more than 2,000 years ago: "It is pleasant, when the sea is high and the winds are dashing the waves about, to watch from the shores the struggles of another.”

Makes him sound like quite an as*hole, but the lithium operators who survive this period will emerge stronger for it. Jumping from Roman sayings to Chinese ones - crisis creates opportunity.