Big move this afternoon?, page-23

hi Biesha, I am certainly not a guru like others have proven but there are a few things to consider when comparing companies such as GXY to ADV. I tend to come at this from a business perspective.

As an example GXY is, at the moment anyway, a one trick pony with its brine lithium supply. While cost effective they lose a lot of competitive advantage as they have to ship out of australia,domestic labour rates and domestic infrastructure all costs big domestically. Also brine is not the most highly regarded of the lithium states. It is also worth considering that galaxy is currently producing, yes, but the demand is not at the levels its predicted to be from mid next year onwards. I fully expect GXY will do very well once momentum comes back into the sector however for now the market it is well catered for. Galaxy as with others, it is just the beginning of their story..so bench marking prices is like nailing smoke to a walll...... now the fun bit.

the same momentum that carries GXY northward next year will be the tide that raises all boats. ANything of value in the lithium sector will find a demand never seen before. However the difference lies in ADV will be shipping spod, from canada into the US, a very short trip. they well hopefully hit production just as the sector is heating up and will have other resources to provide as well.

Pricing at this point is crystal ball gazing and has no real comparison unless you look at the rise of petroleum stocks back in the 1920's. which again, isn't a great comparison, smaller population, smaller markets, etc. etc. so where does this leave us.....

in a full swing market for lithium (2018 onwards) i would not feel uncomfortable saying that GXY will be $2 plus....by that time ADV will be a direct competitor with a better product in a better location so why not be worth more?
Please don't take any of my numbers as facts its just a hypothesis that i believe has a pretty high chance of being right.