GXY 0.00% $5.28 galaxy resources limited

Rumours & Speculation, page-367

  1. 1,818 Posts.
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    Hi @Thesi
    I replied earlier but it hasn't come up for some reason.
    Firstly...thanks for your considered, informative reply
    Secondly.... I'm not doubting your figures at all

    My main concern was the term "producing LCE". I'm being pedantic!
    I think ther is a distinct difference between producing LCE and shipping Spod.
    It seems to be a cause of common confusion between Hardrock and Brine CO's.
    I' m also heavily invested in AGY, who are stating that they will be the 2nd ASX LCE "producers" by March 2018.
    This is an important distinction. They are planning to produce Battery Grade (99.5%)LCE, ORE are only currently producing Industrial Grade (lower quality).
    We, GXY are shipping SPod which requires further refinement to convert to LCE.
    The great thing about GXY is diversification.
    Hopefully Sal Da Vida. Comes on line and we have the best of both worlds.
    I've only been invested in these Li stocks for the last 12 months and are learning new things every day.
    It's great to read these ( and the AGY forums, for those interested in Brine)

    Go both!!!
    Cheers
    BJ
 
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