I can remember a company called Ceramic Fuel Cells that came up with a better way of doing things idea. Actually, I think it was new technology.
The technology worked well in the lab. Worked well in the pilot plant but failed terribly when it went commercial. A lot of people lost a lot of money.
It would be prudent for GXY management to utilize shareholders money with proven technology and processes. More importantly, they are extremely competant at setting up lithium plants and delivering a quality product.
I would say that they will be watching the new process for results and evaluate if it fits into GXY business model.
xxxooo
GXY Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held