Very well said. However, it seems there is a vacant space between his ears, so I highly doubt this will sink in.
On to more important things....
If I'm GXY management, I'm going to hold that cash in escrow for as long as humanly possible. The market "suspects" we have it now on our balance sheet and the guessing is potentially holding companies interested in making a offer for our shares at bay for now.
If this is the case, and I suspect it is, this is very strategic and smart of management to be able to avoid a potential low ball offer.
In the scheme of things whether we know 1st Nov or when SDV partnership/off take is announced is completely irrelevant. When know the amount and that POSCO have released from their end, thats all that matters.
Pricing will be higher than previous 12 months. Good luck to all longs.
Very well said. However, it seems there is a vacant space...
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