Post by
tiger2201 on Apr 19, 2021 9:56am
Lithium Sector Big News
Orocobre and Galaxy agree to a proposed A$4B merger of equals, establishing a new force in the global lithium sector
https://www.theglobeandmail.com/investing/markets/stocks/ORL-T/pressreleases/1520966/
My personel take, this combination is good for both to move forward, and lithium sector consodation is coming.
Between these two, I more preffer Galaxy. My Lithium One was bought by Galaxy many years back, I invested in Orocobre, but disappointed with its production performance, still cannot produce BG product, 1st phase name plate is 17K, still only be able to produce about 12K, after many years.
tiger