GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-657

  1. 4,845 Posts.
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    That small amount was more than most Australia Lithium companies are shipping each quarter! Plus why if there was oversupply (like your claiming) would they have to pay a premium? Wouldn't producers be Desperately trying to sell their spod and customers in the drivers seat? Oh dear.

    Clearly you don't have a sales background...

    Anyway, you'd best hope that's the reason for the higher price... yet it isn't the reason Anthony Tse gave when Morgan Stanley asked the question? You'd think if that was the case he would have asked a follow up... nope.

    With the share price down 50% and the most bearish forecasts showing pricing for SOME producers down less than 10%, the sell down is overdone now matter how you look at it.

    So go ahead and try to Spin it however you want...

    A slight drop from record high prices would hardly be much of an issue.

    Flat contract prices will destroy the Shorts and MS's credibility.

    A RISE in contract prices? Goodnight.
 
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