GXY galaxy resources limited
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Ann: Half Yearly Report and Accounts-GXY.AX, page-26

  1. cj2041
    23 Posts.
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    14/09/16
    17:54
    Post #: 19155305
    Chinese decision to not lock in buy price indicates mid-term uncertainty of lithium price.

    In turn, this augments investors' hesitation to buy in given word of a Lithium "bubble" being spun by the powers that be....

    Given most of GXY's future cash flows will be derivatives of lithium prices, it's a fair call...If you don't have faith in the lithium train
    Last edited by cj2041: 14/09/16
    GXY Price at posting: 36.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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