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Ok well i disagree. Because currently the majority of lithium...

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Kosto0

153 Posts.

05/06/16

21:14

Post #: 17956954
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Originally posted by SuperNinja ↑

@Kosto0

I said GXY was supplying spodumene. It is a fact. It is a terrific fact.

What I am showing is that it would be better for GXY to stay in spodumene - find more deposits in Australia / Canada etc.

The facts show that Lithium from Brine is expensive. There is a big danger that Potash prices keep falling.

Until guys like GXY / GMM & NMT got their mines up we only had Greenbushes supplying around 40% of lithium globally (but extremely profitably for Tianqi Lithium).

These analysts covering the sector are terrible. That latest research report showing 86c target price was terrible.

I genuinely hope GXY / GMM / NMT etc all kick ass. If they do well or if PLS does well it lifts the share price of all the companies.

I am not down ramping - GXY was my only source of real information.

Brine is a false story - I am just one of the first to use actual facts.

Cheers,
Super Ninja

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Ok well i disagree. Because currently the majority of lithium supply comes from brine deposits so there must be a reason for this.

But seriously why does pls thread love to make so many topics about gxy?

PLS Price at posting: 64.0¢ Sentiment: Hold Disclosure: Not Held
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