Well here we are, we arrived at the day GXY will not trade...

Well here we are, we arrived at the day GXY will not trade anymore. Like many have already said, it has been a great journey with plenty who have made $$$ and many who have lost $$$$. Many have learnt about the sharemarket and many many lessons along the way.

We now have many new brothers and sisters, joined by marriage, we got to love them and hopefully they will love us back (even though we are extremely loud, noisy, and very opinionated).

A final thank you to the company for the journey and the green dollars on paper. I would expect that given the current trajectory that will continue to accelerate as we head towards the end of 2021 and into 2022.

I really think a lot of the selling recently came from people confused about what the merger meant to them. Did they win or lose? How do they calculate purchase price? Is my value changing? etc. For the many confused, best to just sell and buy in again when the time is right. I assume many would have been thinking these things.

There are many ways to reflect on where we have been and here below is my way that I have kept score along the way. All I know is that our fundamentals and cash margin are looking better than ever, and we have not even started to roar yet. Those watching spod/lithium prices know we are in for some great selling prices.

Let the MergeCo story begin. Hopefully, it will last a while. With BHP selling out of petroleum who will they TO first? PLS or MergeCo? Whoever they choose, the TO price will uplift the other.

Thank you GXY!

		Half yearly Report June 2015	Full Year Report Dec 2015	Full Year Report Dec 2016	Full Year Report Dec 2017	Full Year Report Dec 2018	Full Year Report Dec 2019	Full Year Report Dec 2020	Half yearly Report June 2021	Last Day 16 Aug 2021
1	Share Price	$0.15	$0.70	$2.98	$4.25	$2.18	$0.93	$2.31	$3.67	$5.28
2	Mt C Ownership	50% GXY and 50% GMM	50% GXY and 50% GMM	100%	100%	100%	100%	100%	100%	100%
3	JB Ownership	50% GXY and 50% GMM	50% GXY and 50% GMM	100%	100%	100%	100%	100%	100%	100%
4	SDV	100%	100%	100%	100%	100%	100%	100%	100%	100%
5	Revenue	17,738	4,276,896	29,000	125,603,000	153,929,000	95,000,000	55,293,000	38,689,000
6	Total Assets	178,728,265	139,682,405	554,284,000	615,255,000	667,137,000	316,096,000	387,036,000	462,095,000
7	Total Equity	101,979,088	102,801,778	472,986,000	571,358,000	553,652,000	240,835,000	331,053,000	397,130,000
8	Liabilities	76,749,177	36,880,627	81,298,000	43,897,000	113,485,000	75,261,000	55,983,000	64,965,000
9	Basic EPS c	-1.44	-1.38	8.30	0.04	36.87	-69.435	-7.528	12.73
10	James B Producing	No	No	No	No	No	No	No	Prepare const ready	4mon to const
11	SDV Producing	No	No	No	No	No	Start pilot const	pilot samples	construction adv	construction adv
12	Mt C Producing	No	No	No	Yes	Yes	Yes	Yes	Yes	Yes
13	Spod Produced		Nil	Nil	155.7dmt	159.3dmt	191dmt	108dmt	109dmt
14	Recovery				60%	50%	55%	54%	60%
15	Product Grade				5.69%	5.76%	5.93%	5.80%	5.80%
16	Cash on hand	0	A - $20mil	US-$29.5mil	US$40mil	US$41.1mil	US$143.2mil	US$210.4mil	US$200.1mil
17	Cash margin				US$346	US$424	US27	($106)	US$54	approx US$550
18	Spod Price		US$445/t	US$600	US$783	US$920	US$550	US$352	US$453	approx US$950
19	Link	https://www.asx.com.au/asxpdf/20150911/pdf/4318gnxm1wrct1.pdf	https://www.asx.com.au/asxpdf/20160324/pdf/436258lt33bfvm.pdf	https://www.asx.com.au/asxpdf/20170331/pdf/43h6ld5dbxrcvn.pdf	https://www.asx.com.au/asxpdf/20180411/pdf/43t482cn48g0md.pdf	https://www.asx.com.au/asxpdf/20190228/pdf/4431zw5x2vgjgz.pdf	https://gxy.com/wp-content/uploads/2020/05/44h2780x1sr108.pdf	https://wcsecure.weblink.com.au/pdf/GXY/02363618.pdf	https://wcsecure.weblink.com.au/pdf/GXY/02407368.pdf