"but the potential for a strategic partner to inject equity into a joint venture to help fund Sal de Vida is highly likely, in our view."
surfarosa
maybe JP Morgan are late joining the GXY Party.
The above is not their view imo it was stated by the CEO months ago (from memory, words to that effect).
It'll be boom time for any Company's shareprice as well as a stabiliser for it if anyone secures a deal with a major.
But the trouble is as with others, GXY could get one tomorrow or one next year or the year after.
Theres one up for grabs atm (BMW)
Regardless of the JPM report, it doesn't look like GXY is a frontrunner purely based on what I saw of Fridays shareprice.
Put it this way I wouldn't be backing GXY to get it.
Probably why I've got a head like a beaten favorite . lol
Good luck to us all, if its GXY!
Md
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