The market seems to disagree with your opinions. The fact of the matter is that the sp is still sub $1.10, the cap raise price of six months ago, Mt Catlin has not yet been demonstrated as profitable and the carbonate plant is behind schedule and 36% over budget.
To propose that the sp price ought to be $2+ is wishful thinking. GXY is still a highly risky stock. Just look at the price graph over the past 6 months!
Cheers Moorookamick Oxfordshire.
GXY Price at posting:
21.7¢ Sentiment: None Disclosure: Not Held