Nothing to hold us back now that the plant is proving itself.As they said they can if they choose get finance leveraging off a $100 plant that works. I now find it highly unlikely we need any cap raising.The partners in Sal de vida are guaranteeing the finance for that project so the study completion there will be another possitive.
This is a great business with guaranteed customers in a bullish commodity.
I bought yesterday and today as i see it as a bargain and we should now slowly rerate.If you want shares in gxy don't wait for a cap raising. All my oppinion of course.
GXY Price at posting:
14.9¢ Sentiment: Buy Disclosure: Held