Yes, you have to start questioning management's judgement. For example, a).pursuing merger before 'bedding down' the lithium plant b). HK listing shemozzle c). not scaling back mine production so that complete halt was unnecessary now.
These things seem to point to a lack of ability to plan the logical course of events in advance. Arguably, if things had been done in a better order, the share price would be over $1.
I think they can still stumble through to profitability in the near future however.
GXY Price at posting:
17.8¢ Sentiment: Buy Disclosure: Held
