GXY 0.00% $5.28 galaxy resources limited

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  1. 2,521 Posts.
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    Better to look into why Ganfeng share price is up? Is it as simple as this?
    Li prices have continued to fall over the last 12-18 months. PLS and AJM having suffered a pricing gouge and in the mean time Ganfeng's SP has doubled. To me it looks like all the profit has gone to Ganfeng. Tianqi SP is also up and they supply a huge amount of the high quality grade used for batteries. So all the profit has moved into the manufacturers and processors. Meanwhile the mine gate is left swinging. Perhaps might be an idea to read into Ganfeng's company announcements.
 
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