cash raising coming?, page-29

This thread isn't beneficial to the stock based on a misinterpreted statement. There won't be a capital raising. Anthony Tse has already made it clear there will be no further dilution. The discussion of a JV though does give rise to that though I don't think it will be an outsider.

GMM have a market cap there abouts 100m and with a potential 60m share per annum on spodumene sales at a worst case $400 per tonne that's a return of 60% before expenses.

For GXY they have a market cap bouncing however calling it 200m they have a return of 30% before costs and buy in from GMM. - income from Mt Cattlin clears their debt and allows discussion for either SDV or James Bay. Previously Anthony Tse advised that James Bay would be used if Lithium prices go crazy.. Are they there yet?

If both companies reinvest in their assets together the long term SDV can be realised together. It's a good solid partnership.

If the alliance moves forward with SDV together GMM will need to buy in there which Galaxy would use towards the construction and GMM would then need to come up with their own green.