The revised DefinitiveFeasibility Studies (DFS ) for SDV [which is the main game for GXY] has been completed some 6 to 9 months ago.
We haven't heard any Definitive Development Plan as yet apart from the same song sheet being repeated many times over about SDV without any tangible progress on the development plan or options.
We are currently adrift in the ocean without the sail up.
The sail need to be up to get the boat moving, the Board need to land on a development option (based on the best business case at current market conditions, optimum rate of return and funding options with or without a partner ) and run with it, & obviously reserve the right to change course if better deal come along.
At the moment, don't seems a lot happening on this front to get the market excited, pretty dull and flat as it is.
GXY Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held