Mcap could go to gxy’s cash in bank.
Look at Chalice Gold, it’s got $40m cash, busy doing business and no debt, mcap is $38m
Why? People know chalice will not give any cash to shareholders. It’s just a decoration. So investors don’t care how much cash it has. If Gxy gives a portion of Posco money will surely burn shorters with their suits on. Just say we’re going to give half to shareholders and they’ll come in droves buying- guarantee. Investors want cash returns that’s why they’re investing.
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