Wow! Some days I ask myself what shorters see? Announcements like this with info that a 5 year old already knew make me understand...
if I didn't buy at 37.5c I'd have sold a long time ago.
Awesome news re the money arriving by end of October?? Still not on the balance sheet but in escrow so as good as there I guess.
The one piece of news that had alot of speculation surrounding buybacks and special divs is that the $280m USD will be used to fund SDV.
Wonder with offtake agreements already signed for quite a few other Lithium companies have some of the options now removed themselves from the equation??
Tesla - KDR
Mitsui - KDR
Ganfeng - Altura
Toyota - ORE
etc etc.
Still a holder and keeping the faith a decent offtake agreement will be announced by late December. Im guessing Mr market will hear long before and will price in and in true GXY form by time the ann hits it will already be priced and the ann will actually drive the SP down like historically is the case with this company.
Keep the faith...
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- Ann: Corporate Presentation - November 2018
Ann: Corporate Presentation - November 2018, page-7
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