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Double Or Nothing

914 Posts.

35

15/06/17

20:51

Post #: 25303866
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Originally posted by BabaRoga_space ↑

There are only 2 possibilities here:

A- DB report is correct. MIN will destroy Lithium prices, GXY SP will keep sinking. Assets that are worth something will be taken at TO for peanuts. Everyone will lose 90% + of their investment

B- DB report is BS. Shorts will make their money.
Instos will vacuum up all the retail shares they can shake out. And then release the pressure on SP.
Thus this being just climax of normal 6 months period, for just about every company. That goes to full production. After which full value is realised

You decide for yourself which one it is.

P.s. management cannot help you. They can never do anything when it's the B option playing out.

P.s. I am not LT holder. Just trader. For clarification

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I would personally lean towards second point that DB is BS because

What will the Chinese do with the DSO ????? Are they going to build a plant to specifically process MIN ore ? And get shafted if MIN decides to stop supplying them for any reasons ? It is definitely safer and make more sense to purchase spod concentrate with universal grade properties.

Just my two cents

GXY Price at posting: $1.55 Sentiment: Buy Disclosure: Not Held
6 Upvote

0 Great analysis

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