Australia's largest stock trading and investment forum Australia's #1 stock forum

GXY galaxy resources limited

0.00%

$5.28

Lithium Converters News/Research, page-8

First 8 Last

Share
Profile

Follow
Sjlasx

4,066 Posts.

3554

19/06/19

09:35

Post #: 39125751
Share

Originally posted by Mturns: ↑

As always very informative and useful post that I hope many will read and absorb. You're one of the few posters that appears to have an in depth understanding of the situation.

So a few questions to continue this great discussion......

Why is it the converters are running at a loss? Are they being pushed too hard from the auto manufacturers? Does the economics of lithium batteries not align with retail expectations/requirements for car prices? Is it the high prices that they were paying and are prices even sustainable at current prices?

And the big one that does concern me is......

How is it that our management team could not see this coming? Did they really just get completely played?

Expand

GXY saw it coming and completed the YOP. The bigger question, is how did some of the other companies miss it?

GXY Price at posting: $1.37 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

DRO

History repeats for DroneShield investors but carnage so far subdued

HotCopper Highlights: Trigg; Droneshield; Lumos & more

AII

A new NASDAQ listing for a key player in the global critical minerals space

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

ASX Market Open: Can we squeeze one more record reset into Week 29? | July 18

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

First 8 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Lithium Converters News/Research, page-8

Top Stories

Syrah jumps +19% as graphite tariff threat spurs optimism down under

History repeats for DroneShield investors but carnage so far subdued

HotCopper Highlights: Trigg; Droneshield; Lumos & more

A new NASDAQ listing for a key player in the global critical minerals space

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

ASX Market Open: Can we squeeze one more record reset into Week 29? | July 18

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Featured News