GXY 6.40% $3.51 galaxy resources limited

Banter and General Comments, page-4711

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    I think Galaxy should takeover Galan it's small fry neighbour. It will only add to the size of our tenements, increase attractiveness to potential bidders and eliminate the risk of competition for the same lithium aquifier…. I think $50 aud mil will do it.

    It is a no brainer, they may had only encountered reasonably good results from 1 out of 2 drill holes, but with a 3rd planned, I'm sure the investment could be offloaded at cost value at worst. Main thing is it eliminates this small competitor in the south.

    Last edited by remirez: 22/03/19
 
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