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Q&A with Anthony Tse, page-37

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gothechooks

588 Posts.

371

08/12/16

14:34

Post #: 21201113
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Originally posted by airconditioner ↑

Wild exuberance and wild negativity have a home in the stock market.
And on Hot Copper very specifically. It's all noise and confusion.
One thing that shines through is good management.

The written word suits Anthony. He got a chance to stretch out a bit more past the fast-paced SMI delivery.
I really appreciated him getting back with all that detail. It really is worth re-reading.
It's as good a blueprint of the lithium sector from a man on the inside that you're going to get right now.
And that included the other guys that we place a lot of trust in to tell us how it is - Joe Lowry etc.

I wrote these questions for him on a day we were under a lot of pressure - about 20c down from here.
I did it quick, hoping that in some way he'd fire them back fast and we'd be on our way.
Instead they come as the icing on the cake, really.
It's clearly not his style to be thrown around by the market itself - but to stick to his guns and his forward plans and let the market realise the value that is being put in place.

I've been debating the merits and accomplishments and plans of this company with a lot of people this year. Some clearly find me overly optimistic - but thats cos I'm investing in what I see ahead for this company.
I'm not day-trading this stock. My position is still in pure accumulation mode.
I've lost count of the number of buys.

After the Big Dip a lot of people moved their focus to the next split second and decided it was a better mind-set to doubt absolutely everything that the company said. I got asked "can I definitively say that x has happened" the other day.
No. I couldn't. But the next day we had an announcement that confirmed it.

I guess pretty soon more people will realise that this last period has been marked by massive achievement.
And that what they say they are going to do will get done. Perhaps even with the slightly better chance of an improved result. (grade, impurities, commissioning time line - next up tonnage? price per ton? )

The explanations of what occurred at Mt Cattlin were pretty enlightening. I like to be all up on the fundamentals but there was stuff that we didn't know about and now its a lot clearer. They have been in there making the tough calls and getting stuff done. The teams they have chosen to do the work are the best they could have put in those positions - and the results - the grade, the lack of impurities - the efficient way this is now transitioning into a production power-house.

Perhaps Anthony Tse is now in the position to take a few moments for a breather and share a bit of his perspective on the the lithium sector and how well we are positioned in it.
He talked a bit about other companies' plans and I think it's worth re-reading that section too.
It wasn't simply an off-hand down-ramp of their chances. He highlights their position from the perspective that, without the financing and experience in place, they are really going to struggle in a very complex sector.
The Chinese have the processing power and they are not going to hand over that IP or advantage for sweetheart deals with very minor un-funded players.
Galaxy, on the other hand, had proven itself - and the moment those ships arrive in China, loaded with our product, the game will be truly on. We will have profit and we can start banking trust and long-term relationships in the sector.

2016 was just setting us up.
Get in while this is a bargain and get a good position.
You guys talking about how many shares you have - as Hoges would say - that isn't a position.
I've lost count of how many buys I've made. Get stocked up. And then be patient.
This stock is going to leave this area well and truly behind and the daily oscillations are just designed to play on your fears.

Move your timeframe window out from weeks to 6 months, 1 year. This company is in one of the best positions to benefit from the energy transition of any in the world. Why do you think we have guys from all over the world posting here? Even our American friends with their vast trading options have made a home here because its the primo pure play lithium stock.

Thanks for all the thanks.
It was nothing, really. It's just my way of thanking all the friends I've made here and all the good fortune we've already found by putting trust and our cash in this company.
Cheers

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Galaxy holders are very fortunate to have you on board AC .
Marvelous posting . Very rare to get feedback from company CEO to make available on HotCopper forum . Hats off squire . You da man !

Cheerio , gtc

GXY Price at posting: 50.3¢ Sentiment: Hold Disclosure: Not Held
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