GXY 0.00% $5.28 galaxy resources limited

Anyone got the Canaccord Note - Post DFS (23/08/16)?, page-22

  1. 680 Posts.
    I would agree that a perception of prices cooling has been pushing the price of lithium stocks down generally.

    This is the big question punters are now being asked. "Do you really, really believe in the EV demand story."

    It's easy to believe when the perception is one of skyrocketing prices. Not so easy when that growth cools.

    If one does, then there is little question lithium prices will stay high for a very long time and the shorter-term movements in price (such as that data is) really don't matter.
    Last edited by Endyne: 23/08/16
 
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