Broker lowers target?, page-47

A reality check for GXY holders. Your share price is down the gurgler because of 3 things and these things aren't going to turn around overnight and there won't be some magical event that will make short sellers rush to close out their positions:

1) Mt C is pumping out dud production report after dud report and another is on the way, IMO. To make matters worse, PLS started producing well after GXY and allows for a comparison to see how bad Mt C is actually performing.
2) SDV is already delayed by 6-12 months and they have barely begun - even AT intimated this in his last conference call. Why no deal? Looks to me as though they haven't received an offer that they like. So are they sitting on their hands waiting? For how long? How many more delays?
3) Lithium prices have tumbled over the last 12 months, including battery-grade lithium. While the price decline has stemmed somewhat recently, it certainly hasn't recovered, and experts are predicting further weakness in the short-medium term. This is despite supposedly huge demand for lithium by so-called pundits.