GXY 0.00% $5.28 galaxy resources limited

I think this is fantastic news. But not surprising. Heck I've...

  1. 749 Posts.
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    I think this is fantastic news. But not surprising. Heck I've been shouting this as coming for weeks now and so has the AFR so it must've been pretty much common knowledge.

    Expect plenty more M&A activity - the beauty of being cashed up during a firesale!


    Plenty of cash left to partner or stage SdV.

    Why develop JB and undertake the associated risk when A40 has likely just as much potential (just not explored) and already a mining operation regularly hitting above SC6.0.

    expect JB development to be slowed down and money poured into drilling out Mt Cattlin ans Bald Hill. There is lots of lithium bearing ground there, mostly unexplored but noted on old geo surveys.

    Same port facilities too so can blend their ores and sell a premium SC 6+ product.

    A40 also recently announced a buy in to LiOH production so in one fell swoop, downstream is also a goer.

    Go GXY you good thing.
 
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