We are very lucky with only 1 cent drop, awful 11th hr announcement that the September shipment has been pushed back by 3 months.
The management did well to embed a few positives to reduce the impact of the delay.
To date the form is pretty poor, it is simple business 101, deliver what you promise, reasonable contingency need to build into any forecast whether it is related to time or budget.
Still a very young management team, hope they manage better next time.
Imagine all the pain, uncertainty and delay that all juniors will need to endure to get thru to production, is a 2 to 3 years exercise (from standing start) if everything go according to plan.
GXY is in enviable last 100 m of the marathon race, many km (years) ahead of its nearest competitor.
In the right place (closest to China - biggest lithium hub in the world) and right time to ride the lithium wave.
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