GXY 0.00% $5.28 galaxy resources limited

Mr Lithium gives GXY potential 'top 5' lithium investment play:...

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    Mr Lithium gives GXY potential 'top 5' lithium investment play:

    What is most encouraging for me is actually that PLS is there. Wait for my explanation before you report/mod this post. PLS is a pure hard rock play and in order to maintain the current cashflow seen by GXY the spodumene price for PLS would to stay robust. It doesn't need to be $1,000/T but would still expect a base of at least $600/T which is great for GXY because it means that even without the pilot plant GXY could fund SDV through a long term debt facility if it wanted which then activates the brine asset.



    Sentiments are: traders trade for the short attack (but the longer this stays above 1.80 the more I'm wondering if it will skip it) longs top up. Same as before.

    GLTA
 
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