Who says this isn't why the Salta transaction isnt being delayed?
If the transaction falls through, POSCO can walk way, sure there are some issues considering it was a legally binding contract but I'm sure there were plenty of weasel words in the contract too, likely around sovereign risk and tenement registration.
POSCO get their USD $280m-ish back sans costs/taxes etc.
GXY Market Cap will essentially fall by a similar amount. Pick up GXY for a song.
Who says this isn't why the Salta transaction isnt being...
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