Chart, page-233

Thesi, you are right if your investment horizon is less than 12 months.

With projects like SDV and James Bay and the commissioning of Mt Cattlin, such a short investment period does not make sense, unless you trade the troughs and bounces.

I think people have to look hard at themselves why they invested in this sector and stock and what their time frame, Plan A and B and C and endgame is.

As I stated before, I believe the lithium and cobalt story is not in flavour at the moment and the wild sell down of GXY is pure raw human emotional selling. Once the herd mentality sets in, there is no stopping. But herd mentality works both ways.We have seen some wild SP runs in the world of cobalt and lithium explores this year.

I look at the bigger picture and the players on the chess board of GXY:
We have no debt.
We are valued at 4.5xPE.
We have a steady income stream from Mt Cattlin.
We are awaiting decisions on JB and SDV which we own 100%
We are working on dual stock exchange listing (my bet is still on HK).
Among more speculative catalysts for SP appreciation.

Maybe it would do many good who decided they are in this for longer than 12 months to tune out of the short term craziness what we call ASX.
That's what I decided to do and spend precious time with my kids and wifey.
GLTA