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Yeah, GXY is a bit boring and quiet.. AT mentioned early last...

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binarybandit101

56 Posts.

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23/03/17

22:22

Post #: 23587665
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Originally posted by brotherprinter ↑

Love it. Real action. I saw this just after reading a press release on the Nemaska Lithium website headed "FMC corporation makes a US $10m payment per lithium carbonate supply agreement." On reading the article it turns out that this is simply not the case and the heading is misleading. There is an agreement to pay this amount on 7 April provided supply is commenced by 1 April and also a provision to repay with penalties if Nemaska does not perform. GXY does not have a flash website like most of the Lithium players but it does not put out BS either like many do. Even those who don't put our BS like Neometals are still light on information. GXY is boring but is getting the job done. Perhaps this lack of glamour and excitement is part of the reason for the flagging sp. Give me boring and profitable over glitz and fancy promises any day.

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Yeah, GXY is a bit boring and quiet..

AT mentioned early last calendar year that GXY will not be a loud company and the SP will take care of itself. SP has taken care of itself since then and SP will continue to take care of itself with real progress and financial reporting (not the imminent one, but the next one).

GXY Price at posting: 50.5¢ Sentiment: Buy Disclosure: Held
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