Welcome aboard Vraetorian. Good to see you are a believer in the long term value. My guess is a few(not many) ex-L1 holders have found this forum.
I am thinking some ex-L1 holders are exiting due to a double whammy, the plant news and maybe more restricted trading access in holding a foreign stock. Short term I believe, its been shoot first ask questions later as there are signs of oversell and buying support are now appearing.
Cashing out when the chips are down is not necessarily the way to investment riches in my view, but each to their own.
Questions remain. Is Sal da Vida as good as they say? When is news of material sales/cashflow from carbonate sales going change sentiment?
The $4m savings a month is must for economic survival. However the relationship with contractor Orionstone could be affected long term. Hoping there's still some love between the two and not burnt bridges when GXY comes knocking in a years time.
GXY Price at posting:
14.8¢ Sentiment: LT Buy Disclosure: Held
