Stating the obvious here but the next two months will be very...

Stating the obvious here but the next two months will be very important.

If we follow the pattern since the start of 2016, we should have a surge up within the next two months - hopefully beyond $5. I know $5 sounds quite optimistic over the next eight weeks - but that's simply looking at the trend over the past 1.5 years+.

In terms of the material conditions specifically related to GXY, the indications are there should be a significant increase in the stock price over the next two months. We *should* see the confirmation of the POSCO arrangement, and *could* see the announcement of an SDV off-take deal.

We know the company is in great shape - it has strong assets, cash in the bank, no debt, and is feeding steady demand.

In terms of the broader conditions, global conditions are relatively stable. The Dow Jones is up by more than 1,000 points since July 3rd.

One never really knows what's around the corner but as long as we don't see a general lithium slump, or some kind of convulsion that sends markets in general into a spin, GXY should start tracking up again pretty soon.