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A Lithium Investor Must Read - Q&A from ALB, page-9

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10/08/18

12:51

Post #: 34857624
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Originally posted by Kotaredrew ↑

Thanks Subs,
Great article and a terrific insight into the lithium market.
I love the way ALB have knocked the ‘authorities’ who have questioned pricing of Lithium and all the negative press... certainly a lot to take on board for GXY and feel we are in a similar space.
Do like the way ALB are doing a share buyback- I feel it’s what Elon is doing and taking the fight to the shorters.
GET THE FEELING With our SMALL SHARE issue of 400 MILLION, that if GXY decided to start talking about future dividends(I’m not interested in these yet as I’d rather this company become a monster and build itself up), and with some of its warchest start doing a buyback- then I feel these ‘smart shorters’ will learn to leave GXY alone.

Must say GXY is one of my best investments...
Terrific Management,
Great Foresight,
Strong Fundamentals,
Excellent Cashflow,
Outstanding Future!

Yep- the shorters are having fun with us now- but with a share issue of 400mill, what’s going to happen in 3-5 years when the company is rolling in cash and all our assets are producing?
Hold strong everybody- in fact I’ve just talked myself into buying more!

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Yep. I posted yesterday about the ALB quarterly results after their share price jumped near 7% from their Lithium business results being 30% up, so I did some research, saw they were holding a conference call and waited for the transcript. I was just after the details around the numbers, but then reading the Q&A... wow. Thanks Insto Analysts! Great questions. (Though likely not the answers some of them were hoping for)...

I love that the MS analyst didn't ask anything specific about supply / demand / pricing for Lithium despite their well known position... he just tried to get ALB to admit they might have some issues with staff going on strike. The management response could not have been better.

GXY Price at posting: $2.79 Sentiment: Buy Disclosure: Held
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