What's behind the fall... SHORTING. simple. If you are going to...

What's behind the fall... SHORTING. simple.

If you are going to make a stupid statement go the extreme.... 5c. Is this going to happen?

Up to end of 2017, all world production was spoken for. In 2018 new mines were still being built. The only freely available was rubbish produced in china that no one can use. According to Mcbank and Ms, DSO was the answer to everything. DSO is nothing more than a pile of dirt. ML was the expert to rescue the lithium supply, those he gave advice to now face financial loss.
Start of 2019 we are in oversupply and price cash, yet no extra supply have been produced. How?
The total world supply was 250kt for all uses,100kt baterry grade LCE. Cars, buses, solar and wind energy storages as well as homes have taken up every available supply that come to the market. New supply don't get that far, they are sold three to five years in advance.
Battery megafactories and mines have the capacity to produce but none are at capacity. There's not enough raw material, lthium chemicals.

98% of Canada mines involve Chinese money. Tianqi has influence on Alb Greenbush and Sqm chile. GXY is not under chinese influence. The alliance is posco korea and 9% owned by NYlife. Do you really think the chinese can short their way to ownetship? Softbank, the owner of Boston dynamics and Saudi wealth fund will fund gxy before any cheap Chinese offer. There's $600us bil looking for a home.

The carbonate pricing in china cannot be compared to world because its substandard...FACT. Hydroxide cost $2000us extra to produce. Gxy customers make hydroxide at world spec.

All available mines will not produce enough for 10% demand for autos by 2025. Those believe otherwise, good luck.

UAE is planning to install a virtual battery five time SA thorndale. At 648Mwh by 2021. These storages are popping up everywhere. Where is the supply for them when the autos don't have enough supply.

Gxy SP has no connection to reality. The banks shorting are working for the chinese. The principal of shorting is sell high and buy low. The current short open is 18% at $2. Below asset value. Net value is $400mil. The cost to build MtC from scratch is already half that. Short sellers continue to sell because they can't get out. They are the only one selling with a few scared retailers. The lenders can't sell, their holdings have been lent out. The shares are not there to cover and there's not enough money to buy back. The bluff continue, the stupid sell and smart continue to buy.