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Not suggesting GXY management cut any deal in the hurry

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sensible123

495 Posts.

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11/04/17

09:43

Post #: 23991000
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Originally posted by bobsacramento ↑

Yup, just look at what BYD is doing (as it begins negotiations for its supply with some of the big players) and who they are negotiating with. Getting a proper strategic partner for SDV will take time and patience. The other companies have been giving up so much equity in their projects in order to secure financing, LT that will hurt (LAC deal, Bacanora minerals/Japan's Hanwa, etc) No need to rush, the message that we need to send is that we don't need their $$$, we can generate our own projects and sell product independently if we don't get a fair deal. The shareholders have the most to lose if the deal is not done properly, and I applaud for management for taking a patient approach.

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Not suggesting GXY management cut any deal in the hurry

GXY Price at posting: 46.5¢ Sentiment: Buy Disclosure: Held
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