GXY 0.00% $5.28 galaxy resources limited

Is this company a threat to global spodumene producers?

  1. 7,039 Posts.
    lightbulb Created with Sketch. 1643
    Still highly speculative, production not going to happen for a few years. By then GXY, GMM, NMT will be well ahead in production.

    If the Spodumene market will get crowded as you say on the GMM thread, then GXY and GMM will be right on top of the crowd as they are already expecting payment by end of this month.

    Even if the Spodumene market gets too competitive at some point, GXY should have SDV going by then. Thats why GXY is still a fantastic by at these prices. DYOR
  2. 51 Posts.
    Hmm..mmm same post here as in GMM. Interesting.... Shouldn't be a threat until they can produce on a very large scale and all compliance and funding requirements have been met. GMM has a vested interest to get Mt Caitlin online as soon as possible (April 1?). GXY will reap the benefits as well. $9mil next week.
 
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Currently unlisted public company.

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