iggy tan must resign, page-9

The Chinese board members are the pupeteers IMO and they are calling the shots.
Take for example the Lit 1 takeover earlier this year. Reason would dictate
that the focus then ought to have been on producing li carbonate, earning money and then investing and not the other way around.

If the brine tenement is essential for the economic success of GXY then one has to seriously ask why we have pumped so much money into Mt Catlin?

The Lit 1 purchase drove down the share price due to dilution and
and the potential for it being a cash burner for the next 3 years and CRs since then have also done the same; all a softening-up of GXY for a cheap Chinese buyout.

Mr Tan has to now demonstrate that he is not in bed with the Chinese and
ensure that the cash hits the till before there is another blunder so that the share price has an opportunity of recovering.

It seems that once the share price shows green shoots, GXY promptly makes a move to snuff them out.
Cheers
Moorookamick