TTR tectonic resources nl

neighbour galaxy's $120m placement

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    Galaxy Resources has just had a successful placement (China) raising $120m (oversubscribed). Some indication Galaxy may be wanting to diversify in the future (currently only producing Lithium) through aquisition. Could they be eyeing off very near neighbours - Tectonic. Stated that some of these funds may be used for an aquisition.

    This is purely speculation.

 
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