I have been a shareholder of both ORE and GXY in order to get exposure to my preferred metal Lithium... What a story of shareholder destruction and dilution GXY has been and I have had enough and switched my entire holding to ORE. Good management, fully funded, with Toyota as its of take partner and a way lower cost base for lithium extraction. With Talison now taken over by the Chinese, it is the only pure lithium play left on the ASX in a very globally concentrated market. Any opinions as to why you would not switch?
GXY Price at posting:
8.2¢ Sentiment: Sell Disclosure: Held