GXY 0.00% $5.28 galaxy resources limited

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  1. 12,605 Posts.
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    why would anyone buy Cattlin - if GXY themselves are buying from you know who cheaper than Cattlin can produce ????

    The whole house of cards is wonkey and just need one more jiggle to collapse.

    May have to put SdV back on the block and see if they can get some of that money back ?

    Everything basically has been reduced to Jiangsu the way I see this - so perhaps time to stop this from ground to final product business and do what appears viable (at least sort of) - produce industrial/battery grade Li?

    (currently buying LiCarbonate, SdV decades from production as are the other 2/MtCattlin uneconomic)

    Forget about digging the stuff up (or sludging it, whatever) and producing your own batteries - just do what you know can be done ?

    If in doubt : KISS it ?

 
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