Yes. The last line tops them all.
Project development risk
GXY simplified the flow sheet design, and test runs confirmed production of 99.9% Li carbonate. GXY derisked SDV project design but analysts dont seem to be able to comprehend and instead continue to run SDV at 0$ in their evaluations (though POSCO paid big $$$ for part of it) and label GXY with project development risk.
I'd say GXY's cash balance, a producing mine and 3 geopolitically fairly safe assets should strongly caounterbalance any project development risk.
Even Deano should know better that this is a rubbish analyst evaluation.
GXY Price at posting:
$2.49 Sentiment: Buy Disclosure: Held
