GXY 0.00% $5.28 galaxy resources limited

Ann: Sal de Vida advances to design phase, page-61

  1. 6,205 Posts.
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    Agree, Astro Boy.
    The fledgling lithium companies are being made to sweat it out. The longer this situation goes on, the more industry consolidation we are likely to see. Whilst we may weather the storm, we may not be able to fight of a large player with acquisition ambitions.
    As such, we need to ensure imminent success at SDV (hence the scaled down stage 1) so we can generate sufficient funds to either self fund or at least justify the burden of debt to facilitate growth.
 
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