"uncertainty of the upcomming quarterly report an opportunity to...

"uncertainty of the upcomming quarterly report an opportunity to ply his trade"

In my opinion the quarterly is a certainty on anticipated negatives that have been raised here.

1. Mt Cattlin - high operational costs due to plant shut down and modifications foreshadowed in the previous quarterly. Unlikely to have any updated forecast on operational costs as an unknown until post ramp up steady state operation forecast for the end of 2011. I also suspect GXY see Mt Cattlin as an internal operation and are/will be more focused on revenue creation at the back end of Jiangsu for market reporting.

2. Jiangsu Lithium Carbonate Plant - repeat of the recent update (and progress since a possible positive).

These I would think should be factored in but that does not mean there will not be a play.


The third and I think obvious shorter are the hedge funds possibly looking to control the SP more medium term.