Yes we hope things will get going again soon Mick.If we believe...

Yes we hope things will get going again soon Mick.

If we believe in efficient markets the SP will re-rate accordingly on any restart.

I checked the EGM date again for the $66m share issue to ECE, its was moved back to 16 Jan per the Nov 9 announcement.

Based on similar deals with other ASX companies, I would think FIRB would be likely approve the 19% stake. Though they seem to be getting more stricter on state owned enterprises if driven by political agendas. Full takeover down the track (if any) may be another story. Talison was already TSX listed so may be different.

If we are talking about national interest, yes keeping GXY an ASX company keeps the profit/and tax in Aussie hands, and Mt Caitlin running helps jobs and the economy. Though of interest the key revenue generating assets, Jiangsu and Sal de Vida are located overseas.