You do realise that GXY is not operating at cash flow positive at current spod prices in the low $400s. This announcement today is all smokes and mirrors. It doesn't matter how much money comes through the door at Mt Dudlin, more money is currently going out than in when you consider all in costs - production, royalties, sales, marketing, shipping, insurance, capex, admin, etc. The FOB cost the company discloses is so misleading it should be illegal.
GXY Price at posting:
87.5¢ Sentiment: Hold Disclosure: Held
