I take it you were at the AGM ?
Did Iggy answer any real "hard" questions ?
Looking at this comment by you:
For the stars to align they would need to sell James Bay and Cattlin for circa $40M, get a generous JV with Korea Inc. for SdV,have Jiangsu 100% by end of calendar year and have the debtors be generous with their time frame terms. Otherwise I see GXY limping along.
That's a lot of "stars having to align" - is there a realistic chance of this with the current board (and yes I am aware of the "connections" they have established) ?
And Li demand and prices would have to hold as well - looking at the current global economic picture - how likely is that ? Certainly can see the eBike batteries for vast parts of Asia - but other sectors may go "soft" being base of discretionary spending ?
- Forums
- ASX - By Stock
- GXY
- ann out: adjournement of agm
ann out: adjournement of agm, page-7
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online