Forgive me if someone else has posted this already:
http://money.ninemsn.com.au/article.aspx?sectionid=2338&subsectionid=79751&id=617190
Not for it's reference to GXY, but some general reading. It is good that lithium is in some commentators minds anyway. Not sure how accurate his numbers are, but:
"An emerging Australian producer predicts lithium demand will more than treble between now and 2015, with prices up from $US2500/tonne in mid-2004 to peak near $US10,000/tonne last year and with current one to 3-year contract prices around $US6500/tonne. In recent years, demand has been increasingly exceeding supply. That means new production will inevitably come on to the market, but probably not at such a rate to exceed long-term growth forecasts."
Now RLL, lets just get it to market ....
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- no alternative to lithuim for transport
Forgive me if someone else has posted this...
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