The last two Sal de Vida posco transactions updates were done without trading halt. These were "deal done" and "catamarca transfer complete". Why do a trading halt this time?
I guess it's no point speculating but just happy it's done either way.
Personnaly I think there are simply too many coincedencses to deny posco is not the jv partner
I think posco will invest 50 percent of the funds for an offtake agreement. They did this with another Australian miner recently, pls?
Gxy has the other 50 percent available so that takes care of sdv funding and therefore the 1.2b sdv valuation has to be priced into the share price at some level. How much that will move gxy is more determined by the price of LCE which Is Also promising for lithium hydroxide. If these hold true I can definitely see it trading back up to 3.30 which is still way below what's its worth. I can also see the short interest decline giving us a more steady rise..
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