GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-10012

  1. 753 Posts.
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    Interestingly on the 2025 estimate, I bumped into an old friend who happens to be involved in a private company that extracts lithium from clay. (Apparently high yields and a very low cost process) anyhow, I digress, I asked him when he expected prices to tick back up and he said 2025.

    I was a bit taken back by this / I wasn't expecting this answer from an industry insider / someone far more invested in the industry than I am.

    I am of the belief that the market typically front runs the actual tipping point so it is likely to be earlier but am also preparing for the worst / that it could be this time frame.

    Until then, I am prepared / ok to be patient and wait it out. When it eventually does pop, it's going to be a hell of a ride!

    Gltah
    Last edited by fnbig1: 03/10/19
 
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