The Australian Newspaper: Lithium oversupply fears grow as Chinese plan $300m plant, page-51

Hi @Bron

It's a good point.
@shades2 and @Thesi in particular have a great grasp of the financials and lithium scene.
Perhaps its time to take it to the streets and set some of the records straight.
@Thesi is concentrating fire on Twitter and doing a great job publishing lithium news and promoting Galaxy.

Funny how you'd be forgiven for assuming that financial journos are experienced professionals who have great contacts and do things in a diligent and professional way.
When it comes to The Australian - it's difficult to determine if there is some sort of agenda at the editorial level or if it's just that it's purely that journos don't get the kind of time to actually do proper due diligence any more. Talk to one source and that's it. Wrap up a report on the entire sector in an afternoon.

I think more of us should at least hit the comments section when see incorrect and incomplete information.

I have been in touch with Matt Bohlsen from Seeking Alpha to help him with some stuff that he clearly hadn't read on Mt Cattlin upgrades. He files monthly reports on Galaxy and other pure play lithium companies.
His point was that most investors don't really have the capacity to project and calculate future earnings so Mac bank has had much more influence that the quality of their work deserved - and have obviously left it in the hands of someone who has made glaring errors about demand and performed an absolute hatchet job on Galaxy in particular (primarily by denying the existence of SDV).

Matt said that at least he and Canaccord were there, providing much better forward analysis and his exact words were that at the current share price "Galaxy is on sale".