We all want to believe in the conspiracy theory that large...

We all want to believe in the conspiracy theory that large companies have manipulated the lithium companies stock prices. I think they saw an opportunity to short over valued stocks and played it well. Stocks were also hammered down due to poor results including GXY and poor execution of their development projects.

In 2018 in the first half experts and companies harped about long term contracts and considered Chinese prices being applicable only to the low quality Chinese carbonate. In 2019 even AT in the Jan30 transcript now accepts Chinese prices are a reference point.

We had a brilliant deal in POSCO but we didn't capitalize on the opportunity. We should have dropped the idea of finding a strategic partner and joined hands with POSCO to developing SDV based on their technology. Instead AT appointed JPM, went looking for a strategic partner and lost the one he had in his hand.

I think POSCO must be cursing itself to signing the deal. Had they not signed the deal they perhaps could have bought GXY today for $500 million or even less and we all could be considering ourselves lucky for getting out for $1.70 per share.