General Discussion Banter GLN, page-2665

I recall when mgx was 1 for 1 cash and market cap. I took a punt there and it turned out pretty well albeit there was a fair bit of luck there.
A spin on the old saying, cash is a cushion debt is a sword. Too much cash can drive complacency as one could argue has been the case with gxy. One thing is for sure, glad gln has enough cushion to see us through to jorc hopefully by then then the market sector sees some uplift.
Meanwhile the current state of play may see more consolidation or exits near term given the alleged lack of conversion capacity and a surge in raw material supply.