It was a good outcome. I f hear Geely again I'm going to loose my marbles. You don't know what relationship TSE and Geely have they could be focusing on a business deal later on down the track. This management have done a outstanding job in the past 6 months from Mt Catlin and signing up Mitsubishi and restructuring our debt giving us time to focus on SVD with the right approach. It's all about timing and Lithium demand will be much higher in 2017 than it is now.
We don't want a repeat of what happen in the past when Galaxy got to big to quick and demand was not there. There intentions were great but timing was off. Look at the big picture here, TSE is going about this the right way, look out side the box invert. Long term holders are going to do really well here inpatient people will never succeed.
GXY Price at posting:
7.8¢ Sentiment: Buy Disclosure: Held
