60c, page-51

Likely to come down a bit more again today.

The reality is I just don't think GXY is well known enough in mum and dad investor circles yet. And most Australian lithium articles are exceptionally poor, gifting undue kudos to the least likely of start-up projects and management teams. But that is the state of journalism in 2016 - although they have a soapbox to stand on, researchers don't research anymore.

It doesn't matter how good our bottom line is, our current state of production, our expansion strategy into the Americas, if people are happy following the herd to PLS. And PLS investors don't really have an incentive to investigate the lithium field further... yet. As long as their share prices are going up 50% every other month their investment is doing it's job.


Reality is that lithium has been on most people's radars for a very short period of time, and the speculative market is yet to sort the wheat from the chaff. I think our defining moment will be when we actually receive a payment from our customers. That's when the speculative bubble will pop for a lot of these players stuck in the pack, and that's when we'll move into the heavyweight division.