Ann: Sal de Vida Update, page-82

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31/12/18

12:57

Post #: 36990465
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Originally posted by Metalduster ↑

One thing that is never discussed on here is the Time Frame involved with SDV.

What would the CEO be telling potential Partners? Anyone have any idea.

The Market only works on the here and now with Mining Companies.imo

Here is a quote from Anthony Tse that was posted on HotCopper some time ago.
................................................................................................................
In part in addressing Supply and Demand from around 2016-2017

"That argument alone,even before we also take in account that projects take time to build and getinto steady state production at nameplate (up to 3 years for hard rock projectand up to 6 years for a brine project), that invariable they are delayed indevelopment and that budgets may be overrun,"
.................................................................................................................
So there in lyes the tale that the Market is valueing GXY atm upto 6yrs to get SDV up and running and from when>>>>>>>????

If this was a hard rock project I would suggest the deal would have been done and dusted already and production around the corner!.

I would suggest that there is plenty of time to add any further Shares to one's holding until some timeframe becomes known and then from there the closer to Production the better.

Thank the lord GXY has Mt C else the share price would still be back in the teens. imo

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You are incorrect.

Anthony Tse has indicated on many occasions the time frame for SDV.

And it is NOT 6 years, try 2021 production.

More research for you my friend.

Last edited by Subs: 31/12/18

GXY Price at posting: $2.18 Sentiment: Buy Disclosure: Held
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Ann: Sal de Vida Update, page-82

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