I look forward to all the M&A in the Lithium space this year and as you say it will be exciting times and I hope very profitable times for all.
I was long GXY from July to December 2017 when Fundamentally & Technically is was the most profitable investment strategy to adopt with GXY. Since then the Technicals have deteriorated and the Fundamentals are not strong enough to justify GXY's current MC. Hence a short position has become a more pertinent investment strategy for the last 3 months and handsomely so. The point of saying this is that LONG or SHORT positions are opposite sides of the same coin and each is more relevant under certain investment criteria. I've no doubt that at some point GXY's investment profile will swing back into a preferred long position and I will turn the coin over BUT for me that time is not now.
Please DYOR
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Ann: FY 2017 Results Presentation, page-73
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