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GXY

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$5.28 galaxy resources limited

Too bad Beer & Co. has been using faulty "DB" analysis based on...

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bobsacramento

1,202 Posts.

40

06/07/17

03:03

Post #: 25692690
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Originally posted by Alterego1168 ↑

I don't take it as fact.. everything is taken with a pinch of salt.. some more than others, however I do get my own consensus once I read a few more reports floating around, from Citi, to Bellpotter to even the dreaded Deutsche that some people dislike (as it goes against their opinion)

But hey.. if I bought every time cannacord equity update their GXY paper with a buy rating on that day, I would have lost a tonne of money.. so yes, all taken with a pinch of salt. If I bought when MacBank put a buy rating.. I would have made $$... Funny that isn't it?? I review both sides which hopefully gives me a rounded view on the lithium space.

So from a competition point of view between MIN and GXY
MIN: $841 FOB at 6% concentrate
GXY: $905 FOB at 6% concentrate

Given we know GXY has $15 increase per 0.1% improvement of concentrate from 5.5%

If MIN were to ship 5.5% concentrate, then their price would be estimated $766 FOB.

another estimate chart

View attachment 635211

every producer seems to be trying to be a low-cost producer.. that only leads to one thing. Race to the bottom

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Too bad Beer & Co. has been using faulty "DB" analysis based on fraudulent info, and prediction analysis, without hiring a analyst who know the Li commodity. If anything, you have been right for the wrong reasons, but please continue the delusions.

GXY Price at posting: $1.86 Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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