GXY 0.00% $5.28 galaxy resources limited

Ann: Trading Halt, page-244

  1. 8,739 Posts.
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    Allow me to throw a potential spanner in the works.

    Why would Galaxy and POSCO throw away cash in taxation to Argentina that can be used to propel the project forward?

    Unless Galaxy have a fantastic Argentinian tax expert that can minimise that to $0 why wouldn't these guys not just work together?

    They have very similar goals.

    I don't see the point in handing over cash to Argentina that can potentially be avoided via even a new company set up or taking part in a current company in the region that's tied to Livent.

    Livent are not building as yet, I think there might be something in that, and also that there is a company already established.

    Perhaps there is a buy in?

    I've often wondered why these 3 don't work together.

    Let's see what happens eh?
    Last edited by Thesi: 24/02/19
 
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