A bit of a headscratcher this morning: all my Li stocks are up - except for GXY.
PLS and ORE trading at or near 52 week highs today, yet GXY lags. I'm not too concerned, just curious.
I get the sense that it may have something to do with expectations that both ORE & PLS continue to make progress on their respective downstream growth aspirations, whereas GXY has been very quiet on our developments in this value-added space.
Perhaps we can hear something from Simon later this month regarding this??
The other thing that is on my mind is the development yesterday in the WA Supreme Court regarding civil proceedings involving A40. Hearing dates have been set stretching out until April. Perhaps some assume that GXY may be involved (whether directly or indirectly)??
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