The oversupply story is a propaganda from the land of red. The...

The oversupply story is a propaganda from the land of red. The sell down of Lithium stocks is to gain ownership of mines.
Kdr is a second choice for WES. They made a under offer for Min and was outbid by ALB.
The forecast of solar energy storage is 1.5m tonnes of battery LCE by 2030. The estimate for LCE use have been based on EVs only. There are farming, mining, aircraft, shipping, military, street lighting and other applications not included. The media articles say LCE, not battery grade LCE. Battery grade LCE represent less than half of all LCE produced.
Ganfeng and Tianqi had a fall in profit, Tianqi down 86% yoy. The end user BYD profit up. How is that possible when the end use has increased? Its not.
China does not dominate the battery industry, its a twist of tongue. Panasonic, LG and samsung do, the Japanese and Koreans. The manufacturing is in china due to labor cost. The technology is in korean and Japanese hands.
Huawei devices have backdoors, confirmed by Vodafone. Hope you don't have one.
In western world, spending is considered a cost. In china it is asset on completion, valued by the state. Debts are converted to assets, assets are positive. Wakeup yet.
Those that promote state ownership are paid by the state.
Posco paid above market price for PLS. Ganfeng offered 64c one days after it hit 58c. GXY negotiations were stretched out for a purpose. Management recognized the SP was played and manipulated per c.call.
One person does not make the decision, the board does.
Galaxy already have contract for part of MtC to be converted to battery grade LCE.
SDV doesn't need to be in production, it need to have test results. It already has lab results and battery grade LCE have been produced. It's working on test results on a larger scale. They are working out the quantity of chemicals require to convert salt to LCE, as well as the lab capacity for production. All test and results must be confirmed before production, this is the stage they are at. Production is not ponds but converting the salt into battery LCE in the lab. The lab and living facility have been built, they may need upgrading. The SP is not true value, as now obvious. The SP was to distort reality and scare people into selling below true value.
Gxy will have 4 producing assets not 3.