@airconditioner in the news!

Our very own @airconditioner hits the news in Matt Bohlsen's:

Lithium Miner News For The Month Of December 2016

Galaxy Resources (ASX:GXY) (OTCPK:GALXF)

On November 29, Galaxy announced: "First run grades are coming in higher and mica content lower" for their Mt Cattlin production, and "with the first shipment to customers anticipated by the end of December 2016."

On December 14, Galaxy dropped some huge news. They announced, "120,000 tonnes of lithium concentrate sold for 2017 delivery at US$905/t (FOB Esperance) for 6% Li2O." (NB: US$830 per tonne FOB, minimum 5.5% Li2O). That's about a 50% increase in pricing. The stock popped up 12% on the news. All lithium spodumene miners should soon benefit, especially those currently producing.

Investors can view an excellent interview with CEO Anthony Tse here, courtesy of airconditioner on the HotCopper site. Thanks AC and AT.

You can read more on my latest article on Galaxy Resources here.

Upcoming catalysts include:

• Early 2017 - An upgrade to the Mt Cattlin mineral resource.
• H2 2016 - Commencing project financing evaluation and discussions for Sal de Vida.
• Early-mid 2017 - Earnings announcements from Mt Cattlin.
• H1 2017 - Work on DFS for James Bay, Canada.
• 2017 - Mt Cattlin production ramp up to at least 160ktpa. This will significantly increase earnings. Also, Galaxy has AUD 214 million in unused tax losses, so it is unlikely to pay any income tax for a few years.