GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-773

  1. 5,210 Posts.
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    And so far GXY pricing has been at a premium and been a leader in that area. Sometimes by locking in a contract you’ll be stuck with selling at a lower price- but in a market where you have premium product and lots of companies wanting your product why lock yourself in? Especially considering the price is only on the rise and demand is continuing to build.

    I’m wondering if you ever did economics at school Pranav- all about supply and demand... why lock in an inferior price when you one of the top global producers- unless it helps to use the offtake agreement for financial incentives- and with GXY bringing in the cash and with Posco- I can only see us getting stronger.

 
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