Correct - and don't get me wrong I think Piedmont is a great project with a great future, and was also great value when I bought last year at 8c... But I think its very overhyped now and a long road ahead, which undoubtedly will include a lot of dilution as well. Whereas GXY has the exact opposite problem - cashed up, strong development pipeline and cashflow positive but no hype whatsoever. In the not too distant future however lithium cos will start being valued by their earnings not just their powerpoint slides, and imo that is when we might start to shine a little brighter.
GXY Price at posting:
$2.89 Sentiment: Buy Disclosure: Held
