GXY
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0.00% $5.28 galaxy resources limited

Rumours & Speculation, page-334

  1. ljcamp
    2,774 Posts.
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    06/09/17
    20:59
    Post #: 27044667
     Lithium Markets — Spot lithium market remains robust driven by strong Chinese demand and pick up in EV volumes after a dull start in 2017. We see potential upside to 2018 contract pricing for GXY given spot lithium carbonate prices are ~14% higher since mid-Dec 2016 (when 2017 pricing was concluded by GXY).
    GXY Price at posting: $2.18 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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