Tell me more about these largest cap Australian lithium companies.
Galaxy is not producing despite their March announcement. They will be lucky to ship a few rocks in December.
Keep in mind it takes 8 tonnes of spodumene to produce 1 tonne of LCE. - How many tonnes of LCE will they be shipping post conversion?
The money that came in took forever to arrive and at one point they made the decision to without 15kt than to sell it.
Fortunately though we know that it is unlikely that they will be shipping in December though I am working with various prayer groups to make this happen.
Tell us more about these Gigafactories. - how many of them a are in production. Would love your input!
The company is currently relying on the good will of management to front costs. - how will that be repaid?
Galaxy is receiving what it deserves based of failed plans and what has been perceived as misleading the market and holders.
The company has not gone well at all considering all value was removed.
It's disappointing to see the company flounder like this.
GXY Price at posting:
30.5¢ Sentiment: None Disclosure: Held