Agree with you 100%... POSCO will be looking for more deals after GXY deal is completed... excerpts published recently
"Posco, South Korea’s largest steelmaker, could examine further deals with a key Australian lithium producer after agreeing to acquire a development project as part of its drive to tap growth in the electric vehicle supply chain.
An agreement with Galaxy Resources will see Posco pay $280mn to add tenements north of the Australian company’s Sal de Vida development project in northwest Argentina and they’ll co-operate on their respective development plans, infrastructure and logistics, the Perth-based company said Tuesday......"
LPI Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held