GXY 0.00% $5.28 galaxy resources limited

This is a guess, people turn to forums in the hope of obtaining...

  1. 596 Posts.
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    This is a guess, people turn to forums in the hope of obtaining information that will help their portfolios?
    Forums are infact a group of thinkers called master mind and troll are saboteurs. Investors are longs and shorting is theft. Having studied the success of many, including the guru of Omaha (Warren), there is a common process they all go through. A man once decided to sell books on a busy road, he chose the busiest highway, in the process created Amazon. Two bored kids talked to each other via video and created youtube. At sixteen Albert failed maths but became a great scientist, he chose not give up on a problem. You invest in lithium because you know where its going and what will happen. There are those who's purpose is to change your mind.
    There is plenty of lithium on earth surface but not in concentration that can be used. With all the planned battery factories, the lithium chemicals must come from somewhere. production from existing mines are already presold.
    With all the mines available, there is not enough for 10% in 2025 at 40kwh per EV. Auto makers are aiming at 100kwh in 2020-2021. Cost parity between EVs and ICE is achievable this year. The banks are talking about oversupply of bread but the farmer struggle to grow the wheat. Ever heard of too many TVs and computers? more are produced and sold every year, prices fall but demand doesn't, the profit keeps coming. Let you work out why.
    The auto makers that have constant supply for their EVs will grow, those that don't will have sales decline yoy, people are not going to buy nokia bricks even for $5. ICEs will have the same fate. The coal stations are facing the same. After the first steam engine, the water wheel was doomed.
    It would be good if the company could inform the investors more. SDV cannot be compared to sqm and Alb in Chile, geographically they are different. The outcome is certain, its with whom and when.
    Asx 70% earnings come from high frequency trading/ shorting, they will not stop tomorrow. The government sell public assets and promote foreign ownership, no matter which party is voted in.
    Electrification is a certain and you have a chance to be part of it. Its not just auto but every moving mechanical/ electrical object will be fighting for the available lithium chemicals.
    There are many that missed getting in and now want your shares cheap, that's all there is to it. They want your share because they know it worth alot more.
 
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