Macquarie Updated GXY to Neutral, page-39

Hi Elon, Some of these analysts should be doing peer comparisons amongst themselves, in relation to what they write about companies, and especially about Galaxy. And as we know, MacBank is completely out of the ballpark, with supposed agendas, and with share price targets that bear no resemblances to what other analysts are estimating. When I read some of their estimations about supply catching demand, and that there will be lithium over supplies in the short term, I think really?- this is different to what I've been reading all along. Even if it were likely, that other companies could come on board with some short term supplies, we've also been reading that lithium demand will continue to accelerate in the years leading up to 2020+, and that there will not be enough supplies, leading to lithium prices sustaining at higher levels. We can only rely on the accuracy of these projections, as they are being presented to us, in our own estimations. I view some of these share price numbers as rough guides only, as the market can affect our shares in quite unexpected ways, as we all know,- both rationally and irrationally. I have read that lithium pricing, and the lithium demand-supply story, are some of the most misunderstood areas within the sector, and I would imagine that this would affect the confidence of some would-be investors in the sector. Some people also get fed up with all the waiting, and will be frequently trading in and out of these shares. Anyway, the next several years will go by quickly, and we'll watch as this story continues to unfold. Happy Easter to all!