GXY 0.00% $5.28 galaxy resources limited

GXY bid for NAL, page-19

  1. 15,387 Posts.
    lightbulb Created with Sketch. 5511
    The lithium market is clearly weak and miners are dropping like flies.

    Well if you believe that this will be the shipping for AJM for the Sept quarter, the lithium market downtrend doesn't 'appear' to be worrying them ?

    https://hotcopper.com.au/posts/40555316/single

    AJM Sept qtr shipped tonnes 57,309 wmt (tonnage tbc)

    If they pull that off, it will almost equal GXY shipments for this quarter !

    I am sure there are many things happening behind the scenes with GXY so I am happy to hold for LT. If it goes to $1.00 I will happily buy some more ... I bought some more this morning at $1.075 so I am happy about that.



    Thankfully, GXY is still in a relatively good position.

    Agreed @fugazied
 
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