New Lithium Related Article, page-1819

However, GXY have no debt and the key stakeholders are not selling and bought higher.

No reason and pressure to sell to a shark unless the offer is high enough. What's high enough? Good question, worth a few million at least if I knew the answer.

Compare this to particularly AJM which I think will do well long term - capital raising at the bottom of the pricing cycle. Hugely value destructive because of their debt position and glitches/issues ramping up.