Quite possibly, but I doubt we'll break below the 52 week low. The coronavirus should only set back Li market recovery by a quarter, two quarters max - which means whatever your pre-black-swan valuation of GXY was, reduce that by between 15-30 mil for the extra cash burn and reduced Mt C mine life, and thats your new valuation. Not a huge difference to the fundamentals, but it is a massive difference to sentiment, which is why i am on the sidelines at this moment in time.
GXY Price at posting:
98.0¢ Sentiment: Hold Disclosure: Not Held