My key takeouts from the call are (a) pretty soon this company has 50pc of its market cap sitting in cash (b) there is going to be strong competition for strategic partners to enter SDV (c) that's going to bring even MORE cash in (d) I believe they will seriously consider share buy back at some point following SDV strategic partner announcement (e) drilling in SDV to determine a much higher resource than previously announced even though it's already massive, with the aim to increase annual production, even double it.
This is a $10 stock 5 years from now and $5 within the next 48 months. That's unless it's not been taken over before then.
GXY Price at posting:
$2.20 Sentiment: Buy Disclosure: Held
