If we look at the spot price in China it has been dropping back a little. However it could be a correction before a higher climb as demand continues to climb and supply weakens again.
What analysts and some investors don't tend to identify, is that mines need to be ramped up and that even if Galaxy exported everything they have mined the process of extraction still needs to take place which takes time.
Our boat may not make it in time to contribute to the lithium demanded by all the little boys and girls this Christmas. *shedding a tear*
GXY Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
