GXY 0.00% $5.28 galaxy resources limited

GXY vs LPI

  1. 76 Posts.
    I'm no expert here, but GXY has:
    1. 6x larger measured lithium carbonate resource (~500k tonnes vs. ~3million tonnes)
    2. Approx. 5x better Mg/Li ratio
    3. 3-4x more potash (1.5million tonnes vs. 4.2million tonnes)
    4. higher yearly output of lithium carbonate (25ktpa vs. 15ktpa)
    5. 1.5year head-start based on DFS release timing
    6. A way to actually finance the project with probably less debt than LPI (via Mt. Cattlin profits)
  2. 5,104 Posts.
    lightbulb Created with Sketch. 659
    Bull dust. Why is LPI falling like a stone down 20 % in one day. All lithium company's are taking a hit. Reason is we have a transition period waiting on mega factories to start producing products this will stay quite for 12 to 18 months and then BOOM it's on again and it will be on for much longer once they start pumping out cars.. LPI are years away from production they will suffer more so than GXY. I personally think you have made a big mistake going over there M2 IMHO. All the best M2. GXY in box seat.
 
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