See you guys at 65, page-231

We have a splinter in our foot & GXY has to make a decision to either...

A. Pull it out.
B. Ignore it & hope it doesn't compromise GXY standing in the lithium market.

The LPD tech is in it's infancy. GXY may have a relatively small investment in LPD but the problem is we're on the hook for more. From memory it was a $3 million placement for a 12% stake in LPD, which has already fallen to under 10% just from the issuance of more shares of which 5 billion shares are currently on offer.

LPD balance sheet is shrinking by the second. How much longer will it be until LPD come knocking on GXY's door asking for more money?

How many 10's of millions if not 100's of millions of dollars will GXY have to fork over too...

1. Be LPD's piggy bank & bail them out in this current lithium downturn.
2. Be LPD's piggy bank after they've just made some risky investments in Africa, IMO.
3. Bring the tech to large scale for industrial & commercial usage.
4. Fork over more money when the inevitable happens & more share are on offer in order to prevent dilution.
5. More capital is required.
6. Money for a JV.

When a limb is suffering from gangrene do you pay for multiple expensive surgeries & expensive medication risking your own life to save it, or do you just cut it off & thank your lucky stars your alive??

We need to preserve our much needed capital, GXY has to look after GXY.