tesla falls, page-3

Hi asahee,

I assume that your post is serious.

Reputable forecasters are forecasting a significant increase in demand
for li carbonare from 2014 onwards mostly driven by electric plug-in cars.

Early uptake of li carbonate by companies such as Tesla is likely to put upward pressure on li price and the success or failure of these cars will impact on the price of li carbonate..

Due to GXY's proposed electric bike battery factory being at least 2 years away and because GXY is due to produce li carbonate this quarter for the li carbonate
market , the 2012 price of its li carbonate product is crucial to GXY's economic viability because the company cannot wait 2 years by storing its li carbonate to
make a profit.

If you still think that EV's are not relevant to the price of li carbonate and GXY's future profitability then I suggest that you read GXY postings on EVs over the past year; the last of which is the current ".:good response to new EV"


Material pricing in an open market is determined by supply, demand and
lithium is no exception.

Cheers
moorookamick