Just thinking about the turns in business that occur in just a few months time. Back in September of 2019 Galaxy Resources was in effect attempting to take over A40... in the end they were out bid by a Chinese entity that swooped in and took it from them, the whole effort cost Galaxy quite a bit of cash and a lot of bitterness from its investors.
Fast forward to April of this year. If the same situation had come up Galaxy would likely win and the Chinese would be sent packing.
Also and how this relates to Sayona - if galaxy had not bid on A40 and spent so much of its cash, it might have been able to do a JV project with Sayona to bid on NAL. The NAL bid was known to Galaxy back in September 2019 and they did not chase it. This would have been seen as a very positive move by investors in both Sayona and Galaxy and could have been done with less capital outlay and better upside. A mere 5 months between these 2 events and could have changed the future.
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