Good one
@M92.
Post of the Day.
Beginning to roll out asset number #2 before the rest have got a foot on the field is clearly starting to bite. There is some very childish and resentful behaviour going on now from our visitors and nothing that does any credit to any of the posters involved.
Credit where credit is due.
Barely 4 weeks after first shipment we have an announcement that says we are days from beginning work on our second and largest asset.
Show me another ASX company, let alone a lithium one, that is showing this degree of sheer managerial competence and momentum right now and they can have some of my investment dollars.
This company is on a sprint and showing all the signs of deserving the future major player status that JL has been talking about for the last year. Now we see it in action. CR's always make you wince but Crash said his charts were just about to take 3c from you anyway. At least this way those cents are invested in SDV and we don't stagnate waiting around for months. Just look at what waiting around is doing to the stagnant stocks of the next wave.
I only hope that the CR brings in a few high quality LT funds that are happy to continue to accumulate and drive this forward.
At least it's being spent wisely.
Take a look at the quality of the team running the SDV operation.
There are more years of lithium production experience at Galaxy than probably the rest of the ASX lithium projects put together. Most of these companies appear to have absolutely zero.
There is a ton of detail in the SDV plan that already shows the fingerprints of experienced brine-men, and ones with local knowledge,
and we are expected to believe a bunch of PLS dudes that just waltzed in, that this company doesn't know how to do the financial equivalent of tying it's own shoe-laces.
I bet half of them haven't even read the Deutsche Bank report that their leader is always banging on like it's the Lithium Bible.
(TLDR : it is not very kind to his own stock so I don't know why he promotes it).
Then - Follow the Money.
Ganfeng, Tianqi, SQM, ALB, FMC - the Big 5.
Where is their investment cash flowing now? Brine.
Some are going cash-flow negative now in a race to book more brine exposure for the coming years.
Where is it not ending up? Beating a path to the door of the next ginormous spodumene discovery that gets pumped and dumped on HC as regular as clockwork.
So. Here we are. Chapter 2. Galaxy becomes a global operation.
Look forward to this TH lifting and getting on with it.
