PLS owns 100%. I hold both - to me PLS has a better long term potential and has production just around the corner. GXY may have been the first, but i think PLS will be a better play all round. PLS isn't hopes and dreams construction is happening now with some awesome off take agreeements and investment straight out of China. I'll tell you who are riding on hopes and dreams, those folks over in AVZ - largest resource in the world (going to be useless if you're not going to get any of it out the ground any time soon)
I'll continue to hold both as anyone who is producing in 2018 will do well regardless.