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How can picking up A40 for a song help us and the overall...

  1. astro boy
    842 Posts.
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    21/08/19
    12:25
    Post #: 40074846
    How can picking up A40 for a song help us and the overall lithium industry?
    A low valuation for a working mine, with what may be considerable unexplored assests, just helps the shorters, drive down M.C's, therefore hamstringing Companys ability to borrow for future expansion and ultimately delaying E.V progression when the manufacturers demand maximises in the near future.
    Hopefully A40 can work a way forward without a fire sale.
    All the best to holders of A40
    GXY Price at posting: $1.20 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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