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0.00% $5.28 galaxy resources limited

Ann: Galaxy to sell SDV northern tenements to POSCO for US$280M, page-355

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  1. philipg
    790 Posts.
    lightbulb Created with Sketch. 144
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    05/06/18
    17:39
    Post #: 33510601
    All 3 big iron ore companies RIO,FMG and BHP have mentioned that they would like to be in Lithium!
    It just depends how they decide to enter the market, start fresh or gobble up an existing producer with existing cash flow!!!
    I feel with POSCO involved now it will a little bit harder to be taken out!
    Last edited by philipg: 05/06/18
    GXY Price at posting: $3.55 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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