GTE Management delivered nice result to shareholders today. SO4...

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    GTE

    Management delivered nice result to shareholders today.

    SO4 have mapped their high grade potash channel directly into GTE's tenements. What's interesting is SO4 recently completed a circa. $45Mn raise and also secured the debt facility. SO4 is also in acquisition mode as they bought BLK ground for $10Mn and have offtake already for 90% of their project.

    Makes sense they would want to acquire this.
    Smart move by management slipping in that line "help the company commercialise the project through either joint venture or sale agreement". This says to me they will probably sell it to S04.

    https://hotcopper.com.au/data/attachments/1966/1966693-ea2d2448891d153e09660b8cf30f5d26.jpg
 
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