Even with industry wide sentiment improve in the near future in the lithium sector, there is no guarantee the SP of GXY will follow unless the board provide very clear strategy [if still no JV partner(s)] on the development of SDV. It would appear that everything is in limbo there, the earthwork almost completed for the ponds but still yet to procure the contract for the lining. Seriously, they need to realise the importance of keeping commitments/ promises, they have to be proactive to keep market inform and protect shareholders value from market manipulators.(from whatever playbook they have) Very disappointed they are all MIA, AT is in S. America spruiking lithium, the Chairman is smoking cigar in the back office, and nothing is done apart from usual silent strategy
GXY Price at posting:
$1.34 Sentiment: Hold Disclosure: Held