Ann: Quarterly Reports - December 2017, page-26

this is a solid report and i was satisfied by it.

then i got the announcement from ORE... they are not only proceeding with phase 2 expansion but it has increased almost 40% to 25,000T/yr on top of existing 17,500T/yr plant.

hopefully this might put a rocket up GXY managements arses. GXY and ORE are two of my largest portfolio holdings and they both have a lot of upside, but this GXY report doesn't really have anything new or exciting and the increased costs etc despite increased output are a slight disappointment as noted by others.

anyway, my point is that GXY need to make some major announcements about accelerating SDV and/ or JB. I know due process takes time with permits/ pilot studies/ DFS/ financing etc but we are at a critical time in lithium and those that move fast will reap the rewards at the top of the cycle, while those who drag their feet will miss the best profits.

I trust AT and the team but would like to see more rapid progress where possible, similar to the massive ORE ann today.