GXY 0.00% $5.28 galaxy resources limited

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  1. 8,745 Posts.
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    This morning whilst having a massage I was unable to switch off about the Pilbara announcement and transposing the excitement across to Galaxy when they make their announcements.

    It's a great announcement for the lithium sector!

    A motor manufacturer that hasn't been to top of everyone's list for EV production has surprised everyone and signed a deal to secure future offtake.



    We know that Daimler and Volkswagen are actively persuing a lithium future.



    And Volkswagen is seeking a....



    Renault-Nissan-Mitsubishi have also been active in producing electric vehicles, with Nissan having...



    I wonder...

    What would happen to Galaxy’s share price if they release an announcement tied to one of those manufacturers.

    The differentiating factor is with Mt Cattlin is producing very well... The ships are almost needing to line up at Esperance and we have had one go to Japan.

    The revenue from Mt Cattlin's production frees up Galaxy when it comes to negotiations.

    If they secure a tolling arrangement to produce lithium carbonate/lithium hydroxide as Martin Rowley has indicated, our profitability increases substantially.

    Only 3 months left of 2017.

    Has anyone seen the recent Fast & Furious 8 where Vin Diesel pulls a pin on the car in the street race at the start?



 
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