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More blood bath in 2020 as UBS downgraded its 2020 lithium...

  1. justfriendau
    1,937 Posts.
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    27/06/19
    23:26
    Post #: 39278216
    More blood bath in 2020 as UBS downgraded its 2020 lithium carbonate price forecast by 21 per cent!
    That led to big earnings downgrades for Galaxy and other lithium producers, and UBS said it did not expect Galaxy to turn a profit until 2023.
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    https://hotcopper.com.au/data/attachments/1615/1615518-6f3c954e79e4895e42294f289b68414b.jpg
    GXY Price at posting: $1.26 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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