GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-9215

  1. 7,840 Posts.
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    I notice GXY is being somewhat obscure re shipping details and other, pricing etc atm from what I can gather from posts on here.

    Looking at the ongoing saga with A40 and now that they have seen some light and have moved or are moving away from the Chinese buyers,

    It raises questions as to the position that GXY is in, taking into account what has happened to A40

    Not one Australian Company is immune to what the Chinese do with Contracts in any area. You have to hold the upper hand or your toast for them.
    So
    The importance of the Posco Buy (Nth SDV sale) is really coming to the fore now! because without that Cash think about where GXY would/could be right now?
    Sure they may have sold that part of SDV for other reasons but as luck has it, it sure is helping our position within the lithium sector atm and on a minor note, counters a couple of other poor decisions they have made. imo

    I dont know how things will pan out and what effect the US/China dispute will have on any slowing progress going forward for E/Vs but surely

    some good may/will come out of what Trump is doing and hopefully bring the Chinese to account on the World stage.
    Its been going on for too long where they have had a free reign and done as they have liked over the rest of the World.

    As Trump said in his latest News conference. "Someone had to take China on"

    Very true as the few immediate Presidents before him didn't have the guts to.......or turned a blind eye for whatever reasons. imo

    Some may think its only between the US and China. Its not and will pave the way in the future for better relationships world wide if any reasonable result happens. If not, we will cross that bridge, unfortunately.

    At the end of the day though, regardless of the outcome of the US/China dispute we all know EVs will win the day.

    Is GXY in a position to go the distance?
    Even Blind Freddie would answer that, to the affirmative.!

    Not trying to influence as I maybe right or maybe wrong to a point, with my simplistic views on things but I think Blind Freddie gets it. lol.

    Good luck all
    Md









 
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