Good announcement no doubt but will it help the SP? - probably...

Good announcement no doubt but will it help the SP? 
- probably not. 

the harsh reality is that GXY is already profitable and with no debt and yet the SP is stuffed.. therefore a positive announcement that only affects GXY I don't think will do anything to burn shorters or move the SP much of at all. 

SP is low because of doubts/lack of interest in the sector therefore we are gonna need an announcement that the whole sector can piggy back on.

A SDV partner or offtake agreement should be perfect catalyst to show the true value of lithium and could get the whole sector turning around. 

so this announcement is good, in fact it's great. But it doesn't solve the problem of why out SP is 50% in cash