GXY 0.00% $5.28 galaxy resources limited

GXY Trading, page-257

  1. 527 Posts.
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    Sam, I feel for you! I posted the following on the GXY "Rumours and Speculation" thread a short time ago:

    "Look, just putting out here (in Rumours and Speculation).

    We have seen a week long attack on ALL Li-Co-Ni plays and speccies, which has alarmed a lot of peeps.

    Is is possible that Big Oil has decided to decimate the Australian up-and-coming producers who can slot in and potentially cover the potential problems in the DRC regarding the supply of Co?

    Is Big Oil trying to destroy the nascent EV industry, by creating a chokepoint in the DRC for Cobalt, especially if all the Australian alternative contenders are smashed? If there is no sound (or "moral") Cobalt supply, there will be no EV revolution. Similarly, the Australian Li producers are being smashed at the same time.

    They have a lot more money than we do, a helluva lot more.

    The industry fundamentals have not changed one iota - is this simply an attempt to destroy the battery-component market? Is Big Oil funding the various exposes of the child exploitation in the DRC Cobalt industry?

    Big Oil has a lot to lose.

    I need to go to fit a new tin-foil hat, as I think my brain has shrunk..."
    Last edited by TechWreck: 07/12/17
 
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