Alright Mr "Facts" Please provide "facts" in response to your 3 points.
1. What is the current spodumene price that Galaxy gets?
2. Are you sure that the confirmed restart of Galaxy's customer Yahua (from their own announcement) won't result in maintaining annual guidance at 200kt as expected, with the balance of their shipments coming in H2 as we are informed?
3. What throttling of production has Galaxy done?
The answer is you can not supply facts to pricing. Only guesses. The fact that Galaxy's production goes to hydroxide producers proves its quality. The fact that Galaxy has negotiated contracts proves that neither you nor I know their current pricing so your "dropping like a stone" is hyperbole and relates to the poorer quality product from some of our competitors who have not adequately completed their plants, are not removing enough impurities and/or are price takers from Ganfeng (based on pricing algorithms that disadvantage them at the moment).
Lastly.Galaxy has not throttled production.
Stick your tongue back in your mouth and come up with some fresh or truthful material.
GXY Price at posting:
$1.34 Sentiment: Buy Disclosure: Held
