GXY 0.00% $5.28 galaxy resources limited

ann out : merger, page-2

  1. 4,297 Posts.
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    Capital raising at 83 cents from what I can tell.

    Not sure what to make of the merger. Does appear to make sense from a long term point of view. Gives Galaxy some very good scale with James bay complementing Mt Caitlin. And then the south American brine project as well.

    Would be the largest pure play lithium company in the world according to the announcement.

    Not sure if they've paid too much or got a good deal. Need to do some research.
 
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