How's this for a theory??, page-2

First 2 Last

Share
Profile

Follow
Jehosephat

2,728 Posts.

377

24/01/18

09:30

Post #: 30519175
Share

Originally posted by yanlin ↑

Have a look at the drivel just published by MacWealth...... Now we know who the main culprit is!!!

Outlook
 Downgrading GXY from Neutral to Underperform. For GXY, following ORE’s deal with TTC and now SQM’s with Corfo, we believe Sal de Vida is unlikely to be brought into production. Removing the development upgrades medium-term earnings due to reduced operating costs, but LT earnings are down 15% to 45%. Our downgrade is driven by an ~80% reduction in our valuation of Sal de Vida.
We downgrade GXY from Neutral to Underperform with a target price of $3.00/sh (from $4.00/sh).

Extracted from "Global Lithium The Chilean ripple effect" Report dated 23 January 2018

Expand

What a joke. GXY will have a pilot plant running at SDV this year, earning money while it gets the process right before scaling up, thus avoiding the execution issues that plagued ORE.

GXY Price at posting: $3.60 Sentiment: Buy Disclosure: Held
24 Upvote

0 Great analysis

Reply

Top Stories

WA8

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

PTX

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

There are more pages in this discussion • 12 more messages in this thread...

First 2 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

How's this for a theory??, page-2

Top Stories

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Featured News