Hi
@Thesi
Odd though it may be to you,
I have become quite disinterested in the actual “Who” of the SDV deal.
I don’t think the market really cares that much either.
Tesla are famously low-price payers for their suppliers and if FMC has succumbed to the bedazzlement
then they may have made quite a bad choice for their share holders, who may be initially rock-starred,
and then realise that future profits may not be what everyone else is getting.
Yes. Galaxy in in the perfect position to help out with some discounted supply for a fixed period
to assist in meeting their contracts
and it might be a good stepping stone for SDV
but
I’d be more impressed by a long term deal with VW or, really any major Euro/US car company.
Even better, perhaps, a large battery company which may offer potential leverage up the vertical chain
and/or a wider scale deal that encompasses JB as well.
Actually, any well-resourced (ie RICH) strategic financial partner with a long lithium game to play, that understands and takes into account the quality and expansion capability at both assets, would be just fine with me, and most share-holders here.
In the end the only “Who” in this deal that matters to any of us here, is Galaxy.
There are a lot of big companies with a lot of money and need for future lithium supply - and hardly any with future lithium supply chains sorted.
Just about any of a few thousand big companies could be a perfect partner.
It's Galaxy that has the advantage in the game.
Expertise and solid lithium production dependability is very thin on the ground.
I am much more focused on the quarterly, because that is what all the institutional analysts have in front of them
and that is what our future partners have.
They will have seen exactly what I have seen in it.
Not the “oh. no bucks yet” thing that comes up around here from the 2minute drive-by posters.
The financial strength that is coming through now makes Galaxy able to deal, not quite as equals,
but certainly not as beggars, beginners or rank outsiders either.
It can say “No” and it can demand more on the back of one of the most intensely studied brine resources
that is still to come to market.
This is why they are progressing all the early stages on their own.
They don’t even actually need the big money quite yet and can fund the scaleable test plant stage themselves
and have the management team, experience and plans to bring it to production.
Each step that is progresses through shows the competence of Dr Mehta’s team and should give
confidence to the money men that the operation will run as successfully as Galaxy is running Mt Cattlin.
No Lithium Major required to assist. No Tesla required.
Just money. Big & Greedy Money.
Late-comer Oil/Energy companies' money is also welcome
(as per Thailand's Bangchak at Cauchari).
AT has been on the war path of lithium conferences for a while now.
He will have had his share of bids and counter bids
and he now has an excellent legal team to do the DD on the contracting process.
The share price currently reflects an intense year of financial battle-scars
but you’d be crazy not to see that the massive volumes flowing through this stock
as an indication that the future that this company has to offer the investor, is incredibly sought after.
Its just been trapped and played with for too long.
One day soon - and we all know it - it will break out a lot more convincingly.
Buy the Dip!!
