galaxy appears to be a naughty stock at presen

Suppose the brokers have valued galaxy at below 50s now

It seems that lith carb demand is low
The plant is running at 60 % which means that it's gonna take longer to get the product out
Big pile of lith spud sitting being washed away by the summers rains ahead
Sal da whatever and st James tenement are just a bit of land at present
The plant can't even manage with mt Caitlin mine feeding it
Lith demand still based on iPods, iPad etc
Another few years before the electric car lith demand happens
21 million equates to about 6 c a share
So what's the company worth
At present most of its assets are sitting idle other than the plant now
Being a holder I think that gxy long term prospects are outstanding but after a long hold since may 2012 I am questioning if I entered far to early

Dar yeah

But what I mean by this is this a 2018 stock where there might be 2 plants by then
All mines will be on line and the electric car renaissance may be in full swing

Just a thought if my loss would be better served else where

Of course there is the prospect of a take over
This is easily in the realms of possibility especially for the other 3 big lithium players with far more cash than galaxy to see the mines and plants through to full capacity

To me I think the management have biten of more than they could chew with this merger in this crazy world that we live

Just wanted to make myself feel better if I sell if it rolls below 50 in the next few days

Money does not equal resource stocks at present
It's a fools game