Logically the AFR story should not have affected the sp price as at best it simply confirmed what is already known i.e. end users are desperate for supply. There are only 3 pending announcements that i am awaiting 1. The 2018 price. 2. Movement on sdv.3. Movement on James bay. Each of these will put a rocket under the s.p. At the very least the 2018 price will be announced soon. And in support of my optimism the take out line from today's announcement is
"Galaxy is uniquely positioned in the global lihium market "
GXY Price at posting:
$2.96 Sentiment: Buy Disclosure: Held