GMM or GXY or both and why, page-15

The equity thing is simple. Its a landlord-tenant relationship. GMM pays $7m for a few years and its all sorted. GMM already earn 50% of Mt Cattlin from this point onwards. James Bay's 50% equity has already been sorted with a payment of around the same. Very generous those GXY boys. GMM has a great deal.

As to which one is better there is a very long answer or a short one.

The short one is that GMM's low dilution (311m vs 1.26b for GXY) gives it the least complicated path to high profits and consequently the highest earnings per share of any lithium stock.
With James Bay going it even outperforms GXY with the base-rate SDV at 25kt by about 50% and PLS by double.

Only once GXY adds extra capacity to SDV does it take the mantle back from GMM.
There is still a chance that GMM may have opportunity to own more than 50% of James Bay and perhaps a stake in SDV too. Upside is incredible.
GMM is still easily a ten bagger from this point, imho.

The only issue is that volume of trades and general liquidity is a little low to get the truly big institutions on board so its largely held by us little guys. We're still a bit off the radar as GXY hogs the lime-light.
Once more people tune into the fundamentals rather than the hype in this sector then the pressure wave behind it will lift its share price above everything else in the li sector.

The correct answer is both - given that GXY would have rocks in their heads not to expand capacity of SDV to double or triple, at which point there is no hard-rock operation that would touch it in terms of profitability. This is slightly longer term though. GMM will attain high value very fast, paying for their share of the James Bay operation from Mt Cattlin profits.

These are the only 2 lithium stocks that I'm interested in because the game plan is so good, they're de-risked by being in production and both have a multiple asset plan.

Good luck and DYOR