Yet another "keep it simple stupid" (KISS principle) reply by the BS brigade, Clearly that is what creates the most fear in those that are ill informed or are investing in something they quite simply do not understand.
The demand speaks for itself, the bottlenecks will lift through the second half of this year as all those investments in the article kick into gear.
As for all these apparent "ready to go" producers... do some research and you quickly realise that the ramp up is slower and harder than anticipated almost everytime. Nevermind the fact that most of these so called "ready to produce" lithiums are still missing one slightly important factor... cash. Sure the required investment will come, attempting to keep up with demand, but not until after it becomes bleedingly obvious. Because imo those with the power to make these investments simply have no idea.
But as I said, I believe the money will come albiet too late to hold the lithium price down. And more importantly, it will come with terms and conditions attached. Terms and conditions that Galaxy will now avoid due to their enviable and unique position in the market.
Galaxy is easily the best lithium investment imo. And imo lithium still has its best run ahead of it.
Fear monger all you want. You have failed to convince me to sell a single share. I will continue to accumulate where possible for a future that becomes more and more clear. The path is there for all to see.
So take your time. Im not bothered.
Now back to my holiday in the sun.
GXY Price at posting:
$1.31 Sentiment: Buy Disclosure: Held
