Originally posted by sensible123
Are GXY in luck again with the timing of selecting the strategic partner for the SDV development.
There was no way for GXY to clinch a good deal for best part of 2018, now the tide is turning positive for lithium sector with Global X ETF rise above $30, improved SP of major suppliers and clearer visibility on lithium demand and oversupply scenario peddled by some has not eventuate.
AT may not be astute on project delivery, or communication, he seems to have luck on his side cutting deals or turning the company when he replaced Iggy - soon after the concentrate price rocketed.
Having said that, GXY did not performed to expectation compare to its peers and really need to raise their game to be competitive especially on the delivery and communication.
Deliver on time and as promised is the name of the game and better communication
I think there are now serious doubts about the ability of the current management team to take us to the next level.
They did a fantastic job turning it around and maybe that's why they should specialise in.
Because for the rest, it is really not impressive. We have gone backwards.
Yes, we are richer today, but what we need to see is value from operations, not real estate.
And in the last year, this is nothing but appalling.
