GXY was heading for $1 SP before this Li1 & cap raise debarkle and I do not see much merit in the timing of these events before the release of li-carbonate grade and first sale of li-carbonate in China.
It reminds me of a Western farce where the Amigoes fire first before taking their revolvers out of their holsters thereby shooting themselves in the feet.
It is futile to rely on lame excuses to justify the timing.
With kind regards Moorookamick
GXY Price at posting:
23.9¢ Sentiment: Hold Disclosure: Held