I believe it was the official closing of the SDV Process, that caused the selling on Thursday, in spite of talks continuing with a shortlist of potential partners.
The other reasons are the drop in shipment numbers (which is is explained and not an issue), and the slight drop in Chinese domestic hydroxide prices since Q4 2018 ($14,200/t from $15,000 - $16,500/t).
Overall, not a report which justified the SP drop.
Why the GXY share price should rise tomorrow, page-15
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