Hi findinggems, We will remember, in early February this year, that Elon launched his electric Tesla convertible Roadster into space, and now, I’ve read, that it is an official satellite of the sun.
This event, and the events surrounding the turnaround in the profitability of Tesla, indicate to me, that anything is possible in any quarter of the lithium sector.
There is an impressive list of big names, shortlisted down to 8 companies, that the JP Morgan process is assisting in the considering/negotiating of potential partners/deals, with a decision and finalisation to be announced in due course.
It will be interesting to see if any of the “not the usual suspects” of companies, as indicated by AT, have made it to the shortlist, and if they have been/will be successful in securing any deals with Galaxy management.
What will be the positives to be revealed by the JP Morgan process!
Exciting times watching Galaxy trading at the moment; with the buyers ahead of the sellers, and many of the technical indicators looking positive.
GXY Price at posting:
$2.57 Sentiment: Buy Disclosure: Held