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13/04/17
17:20
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Originally posted by Alterego1168
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There are much larger producers of lithium than GXY and all are increasing production at much higher rate, and volume than GXY. Already said that lots of mines to be in 2019, but looks like the big 4 might ensure market share is not taken away by smaller players like GXY, and others.
Reckon customers will go to best price and given GXY has yet to deliver supplies on new contract, there is a risk that the customers could go elsewhere because a piece of signed paper in China without goods delivered or payments made is a piece of paper.
Perhaps more wining, dining and karaoke nights are warranted.
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So just so I and others get this straight...
Position "Not Held" so not a holder.
Sentiment "Sell" so not buying any GXY anytime soon? If the brakes come off we aren't going to see any "I grabbed 500k at Thanks, Siri" posts?