GXY 0.00% $5.28 galaxy resources limited

Ann: Mt Cattlin Resource and Reserve Upgrade, page-65

  1. 736 Posts.
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    When some of us say look at the lithium price for guidance about overall market sentiment (because.....lithium is a commodity) we get jumped on. Nice to know we are rubbing off on some.

    Yes, market sentiment is low and yes it will recover at some stage this year however there is at least one more run of irrational exuberance followed by another flight to safety left in the lithium market. As the major car manufacturers start releasing the next wave of EV's and secure raw materials we will see another speculative run up, once the initial sales of these new models underperform (which they will) I will be parachuting out.

    Enjoy.
 
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