GXY 0.00% $5.28 galaxy resources limited

more lithium and now gold

  1. 1,335 Posts.
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    The surge in the sp must have been people in the know about the expansion of the tenement. Could have been anyone, but clearly the resource is now even better than before.

    Does anyone have thoughts as to why GXY would not be a ripe cherry for takeover? If I were a U.S. carmaker, for instance, why would I not want to own a lithium producer that is coming on line just as the electric vehicle market is starting out. Just my thinking, but in the m/a environment, does it seem likely to anyone else? Glad to read of thinking to the contrary, and thanks in advance.
 
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Currently unlisted public company.

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