GXY 0.00% $5.28 galaxy resources limited

What in tarnation is going on?!, page-7

  1. 820 Posts.
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    We can't pretend that the global conditions for lithium are not currently crap. No one should expect a miracle.

    The last big surge in the lithium price was when China announced their phase-out of ICE vehicles. It would take a story of that size and importance to put a rocket under the lithium price.

    MORE LIKELY is a gradual recovery that picks up in speed when battery production is cranked up to feed the EV expansion plans of the big auto manufacturers like VW and Nissan.

    Anyone who can hang around for 3 or 4 years or more will make hay.
 
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