Not a great few weeks, but really what is there to worry about?
Look at the great fundamentals of our company
1. $10M USD coming in every 3 weeks.
2.$45m USD in the bank.
3.$280M USD about to be banked.
4.Offtake/JV partner about to be announced [hopefully in next few months}
5.Interest in LPD going ok.
6. 3 world class assets valued at $4.8b USD
7. We have Anthony who is highly respected and well connected on the world scene.
The people he introduced me to in Vegas? WOW!
8. NO DEBT!! Saved the best till last
In Australia, the market does not how to value GXY and other Lithium companies yet.
YES, we are being smashed by shorters and news about a new tax that will not even apply to us.
One/two percent of our total shares are being traded each day, minimal but it moves the Mum and Dad market.
The thing you have to realize is that groups with SO MUCH money are playing with our SP at the moment.
You can't fight them.
Eventually, they will take their bat and ball and play elsewhere.
We are not a Harvey Norman or a Blue Sky.
We have great cash producing assets and cash in the bank
There needs to be $200m spent to buy back all the borrowed shares. Big money.
Everyone, hold your shares and hopefully it will be a very Merry Xmas to all of us!
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