That might be true, but then that leads to a bigger question: who really knows what will happen? All we can base our decision on is what management is currently doing and whether we believe that they will deliver the product to its customers at a premium price. It just seems from the other Li producers that delays are inevitable since all producers go through it. (i.e. Orocobre being the most recent example, FMC, SQMs geopolitical problems, etc) Therefore, investors needs to be aware that this is the reality of the industry and put GXY's delay in context. GXY is on the clock, but if delays seem to be inevitable, won't it take 2018 producers a bit longer as well to actually come online?
GXY Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held