GXY 0.00% $5.28 galaxy resources limited

Lithium Converters News/Research, page-70

  1. 2,920 Posts.
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    This article from seeking alpha has a good graph on the number of gigafactories coming online

    https://seekingalpha.com/article/4272099-lithium-miners-news-month-june-2019

    https://hotcopper.com.au/data/attachments/1612/1612639-55e6abe3a126b2ee6a2630a818d423e5.jpg



    A rough look at the red vs yellow vs blue translate to something like 3x the capacity by 2023 and x8 time by 2028. so a year on yoy growth of around 80%... Definitely commands a P/E closer to 30-40. Vs our 2-3 on Mt Catlin vs the at risk market cap (i.e. excl cash) is a joke


 
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