Takes two companies with small operations (Olaroz and Mt Cattlin) and leverages in a strong project pipeline that lowers techncial risk away from reliance on individual operations. Lowers the time line risk given in actual production (.>5 years for ORE) and also the pricing risk away from PRC based lithium salt converters. Given ORE has a demonstrated Argentina commitment will had weight there. Delivers into the Toyota and Panasonic battery partnership. Will provide assurance to OEM supply chains given the longevity of the resource and the known quality of the upstream supply. Takes the best of both and onwards and upwards.
All IMHO and please DYOR.
GXY Price at posting:
$3.81 Sentiment: Hold Disclosure: Held
