Good move Huninni.. one of the reason GXY going down is because...

Good move Huninni.. one of the reason GXY going down is because shorters think that management will have difficulties finding a JV/offtake partner for SDV at terms favourable to GXY and they will have to do an equity raise at a discount to current SP. Also you can’t blame shorters for this as management said they will do JV by end of Dec 2018 and its now more than 2 months since this self imposed deadline. Clearly market is not happy with management coming out with an excuse that “its taking long to do a JV because we want deal on our terms as its a worldclass asset”