GXY 0.00% $5.28 galaxy resources limited

Citi's GXY target of $0.55!, page-8

  1. 1,525 Posts.
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    Did you not see a couple of new supplies in 2018 and some only started shipping recently? (including GXY) ??

    I've already posted one supplier before in HC...

    As for why price drop? I guess you need to go to China and talk to the supply chain like Citi and Canaccord Genuity did.. I guess they are talking Sh*t ?

    One thing about China is that they have restrictive capital outflow.. so getting paid is hard. They also love playing games including signing long agreements... There is a trick to the long term agreement customers can play if one is not careful....(ie: not ordering (hence no need to pay) and yet still be in agreement)
 
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