Banter and General Comments, page-7775

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eatmyshorts

75 Posts.

29

12/07/19

10:03

Post #: 39489269
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Originally posted by regal: ↑

There are so many theories as why the SP has fallen and others not so much.
The aliens came and took 70% of the resource in the dark of night. The company knew they were coming and hid 40% away. The mother ship could not carry the load and crashed back to earth. The resource is now 100+40% News travel slow by emus and wombats, analysts and traders have not received the message. Galaxy is valued the same as in 2016 when dust and redbacks covered mt Cattlin. The klingons are now requesting Galaxy process the ore and send by ship to land of red. As a tribute, Goryeo donated 280m crystals to develop dead man valley in the the southern Himalayas. The ruler from land of red feed on white ambrosia and demand more for him and his children. Everyone must obey his demand. King trump and the Louis now realize white ambrosia also make them immortals. Far and wide the people seek the immortal fruit. Then everyone wake-up.

Back to reality. Galaxy has 75kt to ship at zero cost q3. The cost was accounted in q2. Using cash cost from april spread over 2qrts is less than $160/t for q4. Work out the margin yet?
Ganfeng cannot supply its customers if it has no deposits. Tianqi would not have bought sqm 4.1b stake if greenbushes was their answer to meet demand. Why does the US use benchmark instead of global?
Why do many use LOM cost instead of actual? Why did SDV get an offer and certain expert got green when the tendering process was closed?
Why would a US company hold 9% interest? Why would auto makers spend billions on manufacturing and not supply?
Short sellers can push lower, they can't close. The early shorts are trying to get out on the new short sellers. The share pool is not there. At $1 NY life will buy 10% for 40m. Maybe the company will do that with the profit.
"More gold have been dug from the minds of men than from the ground."

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Really appreciate the wit and wisdom @regal

Sometimes I feel this forum resembles the climate change denier thread.

GXY Price at posting: $1.28 Sentiment: Buy Disclosure: Held
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