GXY 0.00% $5.28 galaxy resources limited

Just a reminder that LCE is not the equivalent of lithium...

  1. 314 Posts.
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    Just a reminder that LCE is not the equivalent of lithium carbonate.

    100,000 T of Spod at $900 per T is $90M.
    This is supposedly 12,500 T LCE but...

    12,500 T of Lithium Carbonate at $15,000 per T is $187.5M and Hydroxide could be more at today's prices.

    Just putting this here as a reminder as to why GXY has a great future upside. I choose a future which doesn't rely on LCE to make money.

    Sticking with fearless sentiments.

    GLTA
 
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