sp weakness, page-15

I think people just need to relax, I think I'd put the share price decrease down to a few things:

- Market is down 50 points today, some stocks have to take a hit.

- Delays in GXY's progress such as the processing plant and 1st shipment of product. In my experience the market does punish stocks for delays.

- Hong Kong listing being the biggest one, I believe I read somewhere the issue price would be around $1.39 for new shares so I wouldn't expect GXY to race away from this level until that whole situation is done and dusted. In fact I've felt the share price would just be in a bit of a holding area for a while due to this listing which is only expected to be complete late Q1 so still a little while off. It's hard to predict how this will effect GXY so probably keeping the market cautious until it becomes clearer.

- Also perhaps just general uncertainty with GXY until further information about their vertical integration plans surface and investors can make a more informed decision, up to this point it seems on the cards but more info is needed.

- Finally just in general there's been little news flow of significance from GXY, likely to do with the reason above - HK Listing. Most news would probably still fail to drive GXY much further ahead with the general uncertainty in the short term of GXY IMO.

Obviously just my opinion but I've felt for a while GXY is just a waiting game until some of these points listed are resolved then it should be onwards and upwards, especially when a cashed up GXY can commence any future plans. No need to panic yet I don't think, could turn out to be an excellent chance to buy more before the significant news starts to filter through later this year.