Banter and General Comments, page-172

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16/10/18

21:22

Post #: 36147173
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Originally posted by Thesi: ↑

Interesting because I had the same however the company should be able to pull this from Computershare.

There has been conversation from other holders I speak with.. particularly one that had a similar request however the company (Galaxy) has been approached a number of times.

My guess is that Livent is sounding us off.

They already buy our supply from what I understand and has been proven in this forum previously.

This as Joe points out is Livent/FMC main reason for being considered a house of cards by them.

We might get an offer I'm guessing of $2 billion.

The other possibility is Tianqi who have been getting hammered on their plans to expand at Greenbushes and also get into SQM.

My guess is that the next 6 months will be interesting and all we can do as humble holders is see what occurs.

I don't think that major lithium companies with their might will put up with these lithium bubble stocks, and will find a way to show they can supply the market thus removing the need for those with promises and cash grabs along the way.

Looking forward to hearing what others think as pertinent questions to ask on the call on Thursday. I'll be there. Last caller again maybe?

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Tianqi is interesting. They are in the process of building a second chain at their processing plant in Kwinana.
That thing will need to get fed from somewhere...............................

GXY Price at posting: $2.36 Sentiment: Hold Disclosure: Held
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Banter and General Comments, page-172

Top Stories

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

ASX Market Open: ASX200 to rise for Friday session | July 26

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

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Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

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