People are so paranoid these days. I can understand why though the sharemarket is largly a scam, companies run by power hungry individuals. so hungry some are even willing to buy media companies so they can report on themselves bypassing the whole point of having a free and fair society.
These are bad days on the sharemarket, trust is gone. If we had trust this announcement would be just a part of doing business.
If you trust piggy it means; they do not need to mine more at the moment cause they are full of inventory. thats it, not a big deal...
Of course if you dont trust them it means; our creditors have told us to reduce capital expenditure so we are closing the mine while we produce lithium to prove we can fund ourselves. If not we will be put into administration.
have a little faith please!
GXY Price at posting:
17.8¢ Sentiment: LT Buy Disclosure: Held