Banter and General Comments, page-2247

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Guanxi

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15/12/18

20:46

Post #: 36871495
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Originally posted by Battleship ↑

I don't know how long you've been with GXY, but i'd say most of us have a very good idea of what the company is up to and has been doing over 2018.

Its not hard to understand from all the announcements (POSCO and Qtrly) that one of the biggest deals possibly in Lithium history is about to go down and the worlds biggest players are bidding against each other for the past month.

Now most of us from what i have seen do not mind a delay in the deal if it means the company gets a better deal at the end of the road.

And i have to defend our lord and LITERAL SAVIOUR Mr Anthony Tse, who despite your misguided opinion is a great Managing Director who has saved this company from capitulation and provided many long termers large profits from 10 cents.

And also did you forget about the POSCO deal? which was, a brilliant idea of selling off the areas which we would not have used anyway and delivered 366M AUD

I don't think people on these threads have ever been part of a board of directors (neither have I) in a mining company so none of us understand the intricacy's of deals potentially on the billion dollar level.

PS, no one likes to be mistreated.

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Mineral Resources received far more for their 50%
All this talk about the biggest deal in lithium history.
Do you think it's going to be worth more than $1.15 billion up front?
If it is, then why did they sell off 50% of Sal De Vida for only $280 million?
Or was that to appease KORES?

Last edited by Guanxi: 15/12/18

GXY Price at posting: $2.45 Sentiment: None Disclosure: Held
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Banter and General Comments, page-2247

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MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Nine's staff strike as Paris Olympic coverage begins

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

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Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

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