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vmp

13,200 Posts.

8936

11/05/17

17:22

Post #: 24633159
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Originally posted by Thesi ↑

Noticed your other comment on CNN @vmp what happened there?

RE: FMC Fenix.. Below is a screenshot that shows Fenix at the bottom left and Google written over it. - There is a little runway there also which gives a bit of perspective on the distance each are from each other.

If you cut the image in half then to the right is Sal De Vida.. It continues to the North also.

If you then go right of what you can't see there is Sal de Los Angeles which is owned by Lithium X

View attachment 574890

The reason why Lithium X location is so important (Being a neighbour) is the history of Galaxy Resources.

Sal De Vida and James Bay were acquired from Lithium One.

We also picked up Martin Rowley in that transaction.. Yes folks we have a slave.. Just kidding!

Part of Lithium One was also a gentleman by the name of Paul Matysek. Amongst other things he is the chairman of Nano One (Some may have seen Joe Lowry talk about it) but also, Paul is the Chairman for Lithium X.. Our neighbour at Sal De Vida..

Paul is a well respected entrepreneur and another person I would welcome on the board especially if Galaxy does proceed with a NYSE listing.

Another thing I wanted to mention is the interesting announcement by Orocobre today.. Is it possible that there has been a mix up and the listing in Argentina is related to someone else? - Though it does seem strange that Orocobre was mentioned... Smoke and fire?

Expand

Thanks for the quick tour on these Salars. Very interesting background of players in the area.
It is not unusual that companies divest or spin off certain business units that make their operation inefficient or in order to unlock the values of these as separate companies.
Gxy has a lot of options as a result of having a producing mine already.

Cheers

GXY Price at posting: 48.0¢ Sentiment: None Disclosure: Held
4 Upvote

0 Great analysis

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Outlook and news, page-99

Top Stories

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Nimy to raise $1.21M to explore 'newsy' WA targets

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Immutep reports strong response rate from immunotherapies treating carcinomas

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SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

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