I just post this on ORE thread and thought to share same feeling...

I just post this on ORE thread and thought to share same feeling with GXY shareholder and company via HC.

As every know, both GXY and ORE are LI producer having long term high grade assets. In last 2 years, company has made many progress, become producer, making multi millions profit every quarters, clear debt and holding $400m cash and the share price is still lower than 2 years ago. I think it is the best time company buy each other shares on open market. This strategy is better than buy back option as it involved complex compliance and ASX processes. I would suggest both companies spent $50m to become 5% shareholder of each other company. They can back one another and avoid any hostile takeover at low price and stop shorter from keep shorting shares.