Peter, I'm quite puzzled about your attitude to GXY now - only a few months ago you were quite gung-ho about it, especially when comparing it with ADY (about which, obviously, you were right). Given that the fundamental facts about the company (eg, that the company will mine spodumene, which will probably be more expensive to extract from than brines) have not changed in that time, the conclusion must be that you were either posting hastily then (saying nice things about GXY) or are posting hastily now (expressing skepticism). I'm not saying your arguments now are wrong - I have no idea whether they are; they sound plausible, but you may be leaving out some crucial fact or perspective - but a lot of "sophisticated investors" are obviously sold on the GXY story, as is the market itself. Are you saying these people have got it wrong? I'm not for one moment accusing you of downramping...
GXY Price at posting:
14.8¢ Sentiment: Buy Disclosure: Held
