GXY 0.00% $5.28 galaxy resources limited

For all those asking about lithium pricing I can highly...

  1. 210 Posts.
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    For all those asking about lithium pricing I can highly recommend spending a little time reading and listening via the podcast to Joe Lowry, and then reading Simon Moores articles. Benchmark Lithium is, in my opinion, the only lithium price indicator worth paying attention to. Reading how they go about gathering their data (from the sources) and the explanation of the fractured nature of the types and grades of lithium produced for specific market customers gives much better insight into the complexity of pricing. Understanding this is the reason that the "Chinese/Asian Spot Price" for lithium has zero relevance for Galaxy investors, or investors in any of the other lithium producers.

    Posters coming on here spouting "lithium prices are falling!" have either zero knowledge of what they are talking about or are flagrantly attempting to scaremonger.

    Knowledge is power - that applies ton investing just as much as in the rest of life.

    DYOR!
 
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