GXY 0.00% $5.28 galaxy resources limited

The eyes are sore so haven't posted. To understand where we are,...

  1. 595 Posts.
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    The eyes are sore so haven't posted.
    To understand where we are, we need to look at the past. Many posters are in their 20s and 30s. About three decades ago the geniuses of the world decided to reduce pollution. They came up with a solution called ethanol. Large areas of forrest in the US and the amazon was cleared. The trees for timber, the land for corn and soybeans. The lungs and air conditioners of the world were cut down. The oil kept coming. Fifteen years ago along came clean diesel. Its now called diesel gate. The solution to a better ICE was to add more cylinders and more fuel. To reduce the fuel was to use turbo. They've run out of ideas.
    Elon came along and decided to use a nuclear reactor called the sun. The result is battery storage. Primary children are learning and governments are creating policies around it. EVs are not going away. If the ICE makers are not on board, they will disappear
    These three have 40 years mining life.
    Ajm.....11c mc 233m 170m debt.
    Pls.....49c mc 907m 140m debt credit drawn.
    Gxy... 1.31  mc 536m. 250m cash worst case.

    Kdr 770m. Unmeasured resource.
    The SP price or the market cap value? As an investor you decide.

    VW is aiming for 150 kwh in Europe and 150kwh in Asia by 2025. Using tesla 70kwh for 63kg LCE, an average for future range.
    150 ×0.9= 135kt LCE ×2= 270kt LCE. By 2025
    270kt is the total volume of LCE for all usages 2018. In 2030 the number is to double. Its just VW. Tesla is currently using 22kt at 25kwh capacity from it 35kwh T1.

    Brine is not about ponds. Its the salt from the brine containing lithium ions. In a salt water aquarium , the salt forms on the edges, salt is suspended in water and always try to leave. The salt leaves so much , salt has to be added to keep fish alive. If there is a technology that increase this process, no point using evaporation ponds.
    In the livent video, the salt form on the sides of the the brine creek. The salt tries to leave the water. Ponds are to get the water to leave. What if the alternative is getting the salt to leave. Until the information is made available,its a guess. The available knowledge is not there for reading. They're all patented.
    Whatever happens, it all comes down to the company directors. They are there to grow the business and increase shareholders value. Companies should be talking about demand for the product they are selling and the income generated. Not BS pie in sky. Understand directors? you.
    There are different tiers( quality) of batteries. There are different quality level of chemicals that go into those batteries. 5,10,15,20 year lifespan. Different prices for different quality.

    Speed up EV adoption.
    https://www.automotivetestingtechno...ourages-industry-to-speed-up-ev-adoption.html

    VW ices waiting to be scrapped.
    Last edited by regal: 11/07/19
 
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