“Mr Rowley said it did not make sense to build a processing plant in WA at a much higher cost when Mount Cattlin’s remaining mine life was about five to six years.
“But we can participate in a new or existing facility for that time and then work on getting a substitute [mine] asset from somewhere, which is the likes of Alliance,” he said.
“If Alliance turns out the way we want, there is a possibility of some merger or something … we haven’t thought about it yet and we still have a lot of work to do.”
Galaxy is eyeing a 15-year mine life to underpin its operations in WA and chemical processing ambitions in China after the early move on Alliance also put it front and centre for any float of Cowan Lithium, a private company spun out of Alliance and owner of tenements adjacent to Bald Hill and others close to Mineral Resources’ Mount Marion lithium mine.
Mr Rowley said there was “fantastic exploration upside” attached to Alliance’s Bald Hill operations.”
“Merger or something” yeah let’s see an offer Mr Rowley for ALITA that you think will be accepted by ALITA shareholders.
- Forums
- ASX - By Stock
- A40
- GXY desperate for Alita
GXY desperate for Alita, page-3
-
- There are more pages in this discussion • 81 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A40 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online