The SDV deal will set off a chain reaction in the lithium sector.
Everything is hinging on the outcome of the deal.
China have their grubby fingers all over the Aus spod producers. Take overs are coming.
Only company that can make a play for Galaxy at the moment is POSCO (as the cash in escrow is still technically theirs in the event galaxy gets taken over). Question is whats stopping POSCO making a play? are they really tight with management after the sale of the northern asset?
Salta judge has been back on deck for 3 weeks tomorrow. Back log will be cleared soon!
GXY Price at posting:
$1.98 Sentiment: Buy Disclosure: Held