Ganfeng is probably out of the game due to
1: our existing offtake with glencore
2: ganfeng’s representative Raymond was voted out
3: gln to pay large amount (35%) tax on any potential asset acquisition (e.g, % of HMW or candelas)
here is the date where raymond resigned
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- ASX - By Stock
- GLN
- Ann: Notice of General Meeting & Letter to Shareholders
Ann: Notice of General Meeting & Letter to Shareholders, page-64
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