GXY 0.00% $5.28 galaxy resources limited

Ann: December Quarter 2018 Results Conference Call, page-6

  1. 820 Posts.
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    It is not often that I agree with asb83 but funnily enough I think more is being said here than the author realises.

    The lack of information/explanation IS the major problem for GXY.

    The future of the company is sound. The relevant market trends, the future of lithium demand and lithium production - looks great. GXY has world class assets and is well positioned to cash in on the EV boom that has already started.

    The truth is GXY management are not great at explaining.

    However, asb83 is only partially right. To claim the paucity of information is "one of many reasons" GXY is heavily shorted is nonsense. There are not "many reasons". Management's failure to take PR seriously and promote the company properly is *the* major problem, as it makes GXY vulnerable to manipulation and fake panics.

    Also, the last two quarterly reports were not "duds", even if they didn't meet expectations. Progress is sometimes slower than expected but it is, by definition, going in the right direction.

    Like Cameron Ling or Cheteshwar Pujara, GXY may move slowly but it can't be stopped.
 
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