Website Data Analysis of Lithium Big 4, page-3

I would have argued the complete opposite. Not once have I seen a TV news clip, a newspaper article, official social media, or any other kind of publicity highlighting who GXY is and what they do. And if our share price continues to run parallel with some really untested speculative projects it would suggest to me we could really use some sort of PR campaign to distinguish ourselves from the pack.


Just look at our status:

- Mt Cattlin is the second biggest operational hard rock lithium mine in the world
- The only Australian miner producing lithium for the foreseeable future.
- All lithium offtake secured by paying customers
- Rock solid financial position
- Australia’s foremost lithium expert, Joe Lowry, projecting GXY to become one of the ‘big 6’ in lithium by 2020.
- Recent analyst price targets in the 60c to 70c range, before any SDV or JB consideration.

Speaking of:
- Announcements expected imminently detailing expansion into South America’s lithium triangle, via the Sal de Vida project. Our next door neighbour will be SQM - the world’s biggest lithium producer. Offtake to be saleable within two years of construction commencement.
- Expansion into Canada’s James Bay - a high quality lithium, spodumene, pegmatite deposit. No drilling required here - minerals are right on the surface making for cheap and easy open pit extraction.


Realistically, I think we should be trading to our own trend by now, and not following others. Too much going on here, and almost completely positive. Suggests to me we don't really have a unique identity yet.



That said, the stage is set for good things this week. The lithium composite index (LIT.NYSE) is beginning to rally again, likely to new highs for the year. Tesla too is looking to run again having weathered recent dilution, the wider markets seem to be finding traction, and stochastics on the volatility index (VIX) are turning over, suggesting trade is now in the court of the bulls.


Expecting us to be back in the 40s by weeks end. Whether it happens or not is another thing completely.