General: Share Price, Trades and chart related discussions, page-1593

I agree with quite a bit of that, thankfully the EV "revolution" if you like, is actually here, and will accelerate (pardon the pun..) I'll address each of your points.

1. Bit of a lower cap miner as of recent events. Management can say they ignore daily share-price movements, but they DO care about market cap, which strangely SP is linked to. We could be ejected from ASX 200 in Dec. if we have not recovered, this is not a nice scenario, as it is likely the funds etc. will sell us off at that point, as they are not required to hold (or may not be allowed to hold GXY) at that point. I don't need to draw a diagram there...

I suspect the December delivery will be a part delivery of 50% if we're lucky followed by another one a month or so later in Jan/Feb.

2. Producing and delivering. Well we are on the path to, but we have done neither yet. Serious upgrade works only really started 2 months ago at Cattlin as this merger hung around! Upgrade works were needed, the new reflux classifiers not only beneficiate (wow) the Lithium, they also remove a lot of the Mica. Producing better product is key, while maintaining throughput. At least we have bought the Ferrari of the processing world there..

3. Money coming in is small money, yes it's millions of dollars, and we currently have low operating costs (but not plant expenditure, over $20M there). We also have some short-term debt to service.

4. Massive demand, multiple gigafactories? While that may be coming, the first Gigafactory is hardly built out itself yet. Demand is for Lithium Hydroxide for such plants, which is where SdV would shine.

5. Whole countries going EV? Norway doesn't have a massive pop. It is a slow transition to EVs for many reasons, it is coming, but we will have ICE vehicles getting around for a good 10-20 years yet.

6. Agreed company is not going bust, and has product that is desired. It had it's chance to go bust 12 months ago, and was rescued.

7.

Shorters are certainly there, but they would not survive unless someone kept feeding them shares on the cheap, this has been happening for months, no exaggeration. I don't pretend to know the details of the sales, but I believe they are feeding themselves to force SP down then accumulating. Rinse-repeat. Not many retail investors know how to do this so consistently, or have the funds and balls to do so. The shorts are also a symptom of the falling LCE price which came off highs of $20k (even as high as 26k in some cases) USD a tonne to 16k/tonne. A 20% fall that has been reflected in most of the lithium sector. (We are currently 43% down from our highs, but I'd say 31% down or so over fair value).

We are really at the mercy of the commodity demand to recover once more. Locking in supply contracts at good levels is of course important, but we don't want to sign up to a buyer that is trying to get a bargain in the current environment...

There is upside, but you also have to look at the downsides.