You must be joking, get serious!
We are now in a great position.
As I previously mentioned we can now fund SDV on our own out of [close to] existing cash.
This means no cash raising,no rush to sell of future production and no uncertainty.
We can just get ahead with turning SDV into another cash producing asset and then we still have
James Bay to develop!!
What other Lithium company with a $1.4b AUD market cap has
1. NO DEBT!!!
2. A producing mine
3. Great cash flow every 3 weeks
4. Future CAPEX paid for with money in the bank[soon]
5. One of worlds largest Brine products due to start producing
6. James Bay just waiting for the North American market
Last but not least, good management who will keep up the long term plan.
We are number 5 in the worl,if we keep going we might get to number 4 by 2022!
One more thing, Martin Rowley was unhappy with all shareholders about the renumeration package for Ms. Florencia Heredia.
After the debarcle with Ms. Xi Xi last year I feel like most shareholders we should have been given more information. If Martin believes in her package put it up for a vote again,I am sure it will be received more favourably this time.
GXY Price at posting:
$3.36 Sentiment: Buy Disclosure: Held