Best times to buy are when a stock is unloved. Were we here 70c last christmas.
There are things on investors minds with GXY at the moment. Will merger happen? Sovereign risk. Cash balance.
If GXY can emulate Talison's success cashflow and profits should be healthy. Getting a lithium Carbonate plant producing is not easy, and already ahead of Talison by about 2 years I think. Lithium Hydroxide circuit and battery plant will also be big pluses. All vertically integrated, they will be like a one stop lithium shop down the track. Thats the plan but will take time and $ to get there.
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