The sp of gxy depends on the profitability of Mt Catlin & the...

The sp of gxy depends on the profitability of Mt Catlin & the carbonate
plant; that's where shareholder's funds are invested.

The battery factory & the rare earths prospect are simply too far away
and very costly to develop to materially effect the GXY share price at this time.

If the mine & the carbonate plant are not profitable then there will be a massive lack of investor confidence in management and investors are unlikely to sink more money into the battery or rare earths' projects.

We await the annual report which will indicate whether Mt Catlin is profitable or not and we also await the quality of product from the second phase of the carbonate plant which will give shareholders an idea of profit
expeced next year.

GXY has been tardy in not supplying Mt Catlin costs & margins and one can only suspect that the result is not favourable; otherwise GXY would
likely have given earnings forecasts already.

Cheers
Moorookamick