Almost correct, but the thing that must never be sold (if it proves to be the resource we believe it is, is SdV). GXY mgmt. seem to thing the same way as they've effectively made 50% of both hard-rock projects available to GMM.
What would be heartening to see after the next project gets up, is perhaps acquiring more outstanding resources, but that is going to be limited by the amount of debt or percentage of JV that might occur to further the original projects.
I have the feeling that once the main projects are moving, that GXY will look to expand further, likely in their processing side for LCE.
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