The recent KDR deal was 770m, from WES. They need to spend the...

The recent KDR deal was 770m, from WES. They need to spend the same amount to go into production. At least two years away.
Galaxy total SP value is 550m including 300m cash. Its not possible. Its a bargain for anyone buying. This is not to say it can't get lower. The short sellers are not getting as much profit as many seems to think. They didn't sell all at say $2 and buy back 1.35, keeping the difference. They are only making 1c difference between the trades. Open short positions have increased. This can only mean they are forced to reopen because their shares are being bought up.
The SP may be going down but the business remain exactly the same as was at $4s.
AC analysis got me thinking. What if the combined shipment with A40 was a test sample for Galaxy and its customer. We know Galaxy bought into A40, its only logical to test the product first. If this is the case, 40kt is shipped for the quarter from gxy to its customer. Galaxy part own the A40 shipment? The financials may be messy , this will sort out in H2. The H2 products from april onwards is different in purity.
Tesla use hydroxide. Have been for ten years. Tesla models must contain MtC. The company's customers are linked to top tiers. These are Panasonic, lg, Samsung and tesla.Those linked to ganfeng are second tiers. Posco can't get hydroxide from Alb, for cathodes. One source of established hydroxide is from MtC. SDV also go to Tesla would leave new comers out of supply.
Twelve months ago, hard rock mines were being built. Nothing has been produced and there is oversupply, can't be. The converters are upgrading to absorb the new mine supply. The banks/ funds use this period to manipulate the market.
If converters were built outside of china. The existing with be mothballed. Uncle Xi can't have that. The cost of transporting LCE would only be 1/7 to sending Spod.
EVs are increasing more than many think. The waiting is 6-18months. This means the sale is already made but not delivery. These people will not be buying ICEs. When the numbers show up. Sales for ICE will have fallen more than forecast. ICE delivery is at point of sale. EVs delivery is 12 months after the point of sale. All the registration numbers are 12 months behind.