Another one that want to chooses who can post
Only holders can post ?????
They are the ones happy to watch the SP fall from over $4
A lot of fortunates that were thrilled to buy at $3.. $2......1$
Lets all get it straight
Galaxy has no way of making money under current market conditions.
the only thing holders have to cling to is a miracle.
That the Lithium market will turn around fast.
Albermarle suggesting 18 months...that is optimistic.
As the glut of oversupply has to be used up.
A simple google search for global lithium demand 2019 has it at 49350 mt
A simple google search for global lithium production 2019 has it at 85000 mt.
So it is easy to see the imbalance and Why the SP will continue down.
Cheers
GXY Price at posting:
85.5¢ Sentiment: Sell Disclosure: Not Held
