Big picture stuff ahead after the GMM/GXY merger - management looking to a potential listing on the Hong Kong exchange and to prompt developments options for their Canadian lithium assets.
I thought the 1.65 times offer to be a bit light on but all will be forgotten if they can progress the merger in a timely fashion and proceed as above - will turn this into a mega lithium producing company that will light up the eyes of the Chinese and other investors - we will be on their radar front and centre !!
Happy days ahead - give it 6 months and it will be a completely different picture IMO.
GMM Price at posting:
73.8¢ Sentiment: Buy Disclosure: Held
