Hi espanol, One of the most important aspects of researching a company to invest in, for me, is to study some of the archive company news, to determine where the company had started from, and where they are progressing to. And in the case of Galaxy, every step that management have taken over the past 12 months, indicates to me, that they are preparing the company for the incredible opportunities that many of us see ahead in the lithium sector, over the next decade, and I consider that each decision that Galaxy management makes, are considered and calculated ones. I also look at the management team and their experience levels, credentials, the companies that they were previously, or currently directors in, and the roles assumed by each member of the executive. I know that there are disgruntled shareholders, upset about some decisions that have been made, and I think that this is because they felt that they were not being informed enough, didn't really have much of a say, and/or the reasons for some of these decisions were poorly understood. I view Mr Tse as a very competent MD, and the Galaxy management team members that have been recruited, have been strategically placed, for their business, financial, legal, planning expertise etc, in developing the remaining assets, and advancing the company forward, in whatever direction it takes. It's very important to me that I have a good regard for the management team, can recognise plans in place, and how they can be implemented. And it's important that I can see how future profits can be made. If I couldn't foresee how some of these things about Galaxy would be likely to come about, then I wouldn't have stayed here in this investment. I have sold other companies when I have become disillusioned with their management teams. Everyone's perceptions of their investments are different, however, and people are going to be buying and selling for their own reasons. We all know that there is a lot of market manipulation, and as we have read today, Galaxy and a few other corporates, are in the process of complaining to ASIC about the latest analyst report. With Blackrock and other big institutions buying into Galaxy, and some interesting announcements expected over the next 6 months, as Jehosephat has indicated, then why would we be anywhere else?
It's good that management have been answering some shareholder questions via phone and emails, and the responses have been largely along the lines of what my own commonsense has been telling me. In some other companies, shareholder queries may go unanswered. I like all of your greetings to forum members, and I hope that you can do as well here, as many of us are speculating that we will be doing over the next few years. GL
