GXY 0.00% $5.28 galaxy resources limited

Ann: Becoming a substantial holder from MUFG, page-16

  1. 596 Posts.
    lightbulb Created with Sketch. 3851
    If you are one of many confused about the SP, don't. Its an illusion - does a fog change reality?

    1. A man was fired from his job for not being creative and imaginative - Walt Disney.
    2. Slept in the storeroom where he worked because they did not pay enough for his rent - Frank Woolworth.
    3. He was accused of being stupid and his idea would never work - Henry Ford.

    Flatscreen replaced black & white box tv and mp3 replaced vinyl records. In 12 to 18 months EVs will be accepted as a norm and GXY value 2 to 3 times the current price. My position is such, jams on cheap bread for form my diet till 2020 if need be. At this time money will no longer be an issue and evs are common as smartphones.

    Sp $2.50 At consolidation 5 for 1. had 1 shipment of 14kt. $40mil debt. No offtake partner. JB resource unknown. SDV was somewhere far away. The banks value gxy @$3. (Then)

    SP $2.93
    Production of plus 200kt or $100mil net cash/ year.
    $84mil cash on hand and no debt.
    JB drilled and resource known.
    SDV has 60 interested parties to develop it.
    $280mil contract soon to be completed.
    5th largest in the world.
    Port and equipment upgrades.
    New offices opened and management led by a proven legal team.

    For all the above, real increase value of 43c.
    SIMPLY NOT POSSIBLE.

    There are reasons a T/O is not possible. You can argue till blue.

    The retail traders never cease to amaze. They rush to buy when stocks are up and sell when stock are down. Until broke. The opposite is more logical. Blame everything but themselves.

    If 5%, 20 mil bank units are pushed against 1% retail, to effect is obvious. If ownership does not change hands and other banks move in, the rise in sp will be obvious. The battery storage and time line cannot be changed. GXY position and growth will not be dictated by banks, entities in china or elsewhere..... A T knows how chinatown work when he looks in the mirror.

    The shorting bank traders don't know they are victims of the bank. Their employment will cease when the usefulness is over.

    Sell if you must. Like fog, people get scare when they can't see what they know.

    Hold if you believe b&w tv is dead.

    Buy if you can see the obvious.

    Short traders post on forums. 6-7 exist on gxy hotcopper. BEWARE.

    If you act on a posters' advice or follow a manipulated chart. YOU ARE A FOOL.
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.