You will find that GXY is making a profit already and probably paying off debt. Future quarterly statements will show it more clearly.
We are building 2 more world class lithium mines so capex is huge. Probably won't see a dividend for a number of years.
I have been reading that there will be an industry wide consolidation so we could buy smaller mines or we could be part of a larger company in the future. It is exciting times indeed.
xxxooo
GXY Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held