A few other reasons the SP will keep rising[with a couple of down days of course] between now and XMAS.
1. The third quarter results should be 28 October, which will show the effect of three shipments at 2017 pricing.
2, The launch of the Tesla semi trailer will create loads of publicity. This will put other truck companies on notice.
Trucks need huge batteries.At the moment every week we have a different car company announcing electric vehicle aims.
Wait until truck companies join in and earthmoving companies like Kenworth,Catapillar,JCB etc join in the change.
3.The announcement in late October [HOPEFULLY]of a new resource estimate for James Bay/Canada based on the latest drilling program. This will force analysts to lift their SP estimate for GXY.
4.The realisation by the market that 4, and possibly even 5 shiploads will leave Esperance in this quarter, rather than the three that left in the third quarter and the two that left in the second quarter.
5.The announcement of progress at SDV and a possible offtake deal with a major party like VW or Mitsubishi, that will ensure funding for its devt through to 2020.
6.The announcement of 2018 pricing for Mt Catlin, which should see it lift well over US$1000. With costs being steadily reduced and prices increasing, the profit from MC could lift by 50% or more.
7.The announcement of James Bay's development, including downstream processing.
Some of these are cut and pasted from other posters but it shows how many good things are out there!
GLTAH
