Now I've been giving this some thought,
you wonder if gxy had thought about selling Sal De Vida given the market seems to have discounted the value of gxy so much. There seems to be no value attributed to Sal De Vida in the current market cap.
if they can get another USD 280m- $300m for it, imagine what that will do for the shares price. Other benefits include
They can continue to focus on and optimise mt Catllin and their A40 investment especially hydroxide plant JV and other synergies.
the market is looking a little riskier and pricing for lithium carbonate although still good is not that attractive anymore
technical difficulties with brine projects means significant development risks not to mention jurisdictional risks
potential for a 70-90cent capital return and further dividend streams based on my Catllin profitability and other project returns.
all remaining projects James bay etc. in low risk jurisdictions and fully funded and ready for organic growth
thoughts?
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Sell sell Sal De Vida
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