GXY galaxy resources limited
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Strengthening the balance sheet., page-6

  1. Thesi
    8,746 Posts.
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    02/09/14
    18:57
    Post #: 13913606
    Orocobre own the tenure to the land Galaxy is on. It's not in Orocobre's interest to acquire Galaxy. They would be just as happy to see them collapse and then move in.

    Being realistic Galaxy doesn't have allot else worthwhile. Just a mine in Ravensthorpe which they can't transport the spodumene out of which is why they acquired elsewhere.
    Last edited by Thesi: 02/09/14
    GXY Price at posting: 5.4¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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