##I think they are right to not be rushing in mining and developing while the lithium price in so low, but this needs to be communicated. The share holders deserve more for their product as do the people of Chille, Argentina and Australia who would rely on these businesses to be profitable and pay taxes to improve their quality of life. ##
Don't quite agree with that. Bearing in mind that the brine project take 2 to 3 year (could be 4-5 years depending on extraction method) from start to production. GXY need to hurry up and aim to produce by 2021/2022, stalling now means no product to sell when the demand kicks in.
GXY Price at posting:
$1.02 Sentiment: Hold Disclosure: Held
