GXY galaxy resources limited

No wonder people get confused about things like DSO. "Hot on the...

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    No wonder people get confused about things like DSO.

    "Hot on the heels of SQM's foray across the border came a July 11 announcement it will acquire a 50 percent stake in Kidman Resources (KDR) , which is developing the Mount Holland hard rock project in Western Australia. First production at the 40,000-tonne per year LCE operations is also scheduled for 2019."

    That would require over 300,000 tonnes per annum of spodumene concentrate with a converter 2.3 times larger than Jiangsu.

    Where's the money coming from?

    Even with the money is it plausible?

    Likelihood on a scale of 1-10 with 10 being likely and 1 being unlikely I rate it a minus 10 it is so far from plausible.

    Reporters, analysts and investors need to stop thinking of lithium as coal or iron ore mining.
    Last edited by Thesi: 20/07/17
 
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