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Banter and General Comments, page-7692

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351 Posts.

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07/07/19

18:21

Post #: 39410954
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Originally posted by regal: ↑

When you attack another company in the sector, you attack your own. The Australian stock market is small and can be easily overwhelmed by banks and hedge funds. Trolls are paid for each post and the reply to those post. Keep this in mind.
The EVs in china have very short battery life and range. Its mainly for city driving. Country travel is by train.
Quality is range and life of battery. German and Japanese rechargeable batteries last alot longer than chineses ones. Not so much the lithium but the impurities. The impurities build up and the battery stop charging.
What Thesi posted about simbol is a company Tesla tried to buy for 325m in 2016. The extraction method was for geothermal brine. This method has improved by about 60%. Galaxy doesn't own any extraction process, yet they are testing 3/4 methods. These are the people in the negotiations. Elon and many estimated at the end of 2018 there would be supply shortage within two years. This would be 2020. Evs parity at point of sale to ICEs is 2021. There is a twelve month lag time from mine to battery. By 2025 battery cost is expected to be $50/kwh. At $100kwh its parity. Its not the cost of chemicals but manufacturing cost of batteries. The more produced over time, the cost come down.
In a 70kwh Tesla there is 63kg LCE. At $14k/t, around $880 of LCE. Set of tyres cost more than this.
The traditional Autos are up the creek. They can't sell ICEs and their EVs are inferior to Musk. Elon has AI programs that analyze all available EV data for over 10 years.
Pls may get pulled down further, there are many retail shares the shorts want to get their hands on. This may pull gxy and others with it. Pls is a big project. It needs 500m to expand past stage1. Galaxy SP is currently valued at less than one of three mines. The current available mines cannot produce enough supply by 2025, even with next 5 years of production. There need to be $12-14b investment now , there isn't any.
Demand will be there. Can investors last is another question. The chinese are still signing off takes for minerals still in the ground, funny that. Many have sold shares to buy homes and necessities. Its not faith but hunger, is the problem.
Martin has options at 2.78 in 12 months. He risk losing 4m shares. We don't know what the company plan is.
My posts are probably on top of the sentinels monitoring list.

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Hey Regal,

I generally enjoy reading your posts. Did you happen to catch ozblue's post on PLS #: 39407059? He's a pretty knowledgeable poster (imo), got in to PLS at a couple of cents - although he rarely posts nowadays. Also, with respect...I noticed you made reference to trolls getting paid by the post, but I just a quick glance at your history and it all seems to be on GXY threads. Do you hold any other stocks?

GXY Price at posting: $1.34 Sentiment: None Disclosure: Held
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Banter and General Comments, page-7692

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