My post clearly mentioned GXY ORE and PLS as producing companies all in the red today when general lithium sentiment is picking up on other markets and even on the ASX that a bunch of non producing Hardrock resource holding companies are all on the upside. GXY has its issues for sure, but to be basing it solely on what it is producing today is way too short sighted. When big hardrock assets are collecting close to 200m Mktcaps when a glut of pre Capex expensed supply capacity exists something is going on. Factor in COH, finished product and ore mined valuations with GXY's current mktcap the sums don't add up on a peer review.
GXY Price at posting:
$1.08 Sentiment: None Disclosure: Held
