I believe the sp will be end up green at the end of the day. Comparing the peers in Australia PLS, NMT, ORE, LIT, I found GXY is has bigger assets than all those companies combined asset. I am holding GXY for last 5 years, observed the greatest lose forced sell of the refinery plant in China. My understanding the previous management is responsible for those fails, but again it is hard to play against country like China where as an Australian company we don't have any protection from government. I still believe GXY would be $1 by the end of the year but shareholder should be careful against any dodgy deal with certain country.
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Dani Nadri, Country Manager Australia
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