Largely at the mercy of Lithium markets. If the quarterly shows they are smashing through their cash, I can see us hitting < 85 cents.
IMO It is oversold. GXY is a low cost producer with steady performance at Mt Cattlin and some decent (although undeveloped) additional assets. Well positioned to ride out 2-4 years of supply glut. I'll happily buy more if this quarterly isn't a disaster and hold it long.
How ugly will this get?, page-6
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