Banter and General Comments, page-8299

asb83

The current market does not justify either of the other two projects (yet). In time it will turn.
GXY has no debt and a lazy few hundred million cash. If profits are booked we may see that cash increase but the commodity price and global economy are headwinds.

We are in an ideal entry point if you believe that the market will turn - how much lower could it go? Who knows but I would be surprised if we see 1.00..... I will average down every 10c decline in GXY SP as I think we are close to the bottom.

I cant see Trump wanting to go into the 2020 election debates without a China trade deal under his belt.

The 2020 election is in 2020. Less than a year to a Li bounce IMO.