Mate.
Put the bloody numbers up yourself from the last quarter and compare it to the loss for the year. It makes no difference, it is still covered.
If the lithium price drops, more companies will fall and the price jumps back up.
The loss this year for GXY includes the cost to process that Ore into saleable SPOD.
Management has indicated on the call just now that they are not in a rush to sell the spod, but that the customers for it have confirmed they are still on target to receive the contracted volumes and that they have not slowed down their processing of GXY's product.
It was all there on the call.
You want it all to be how you NEED it to be for your motive/agenda.
Hide behind your Buy/Held sentiment.
Your posting tells a very different truth.
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- Ann: Financial Year 2019 Results Presentation
Ann: Financial Year 2019 Results Presentation, page-88
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