GXY 0.00% $5.28 galaxy resources limited

There are more concerning issues than an idiot on a forum, like...

  1. 594 Posts.
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    There are more concerning issues than an idiot on a forum, like the people in Townsville. We have shareholders from there in the past that face losing everything. Once mud water enters the walls, its over. Best wishes for our shareholders from up north.

    A release news of SDV contract would put everything to rest.

    If you read the update of SDV in the qrt report, they have done alot of work. While the construction of the 15 hectare pond is being built, alternative methods are being tested that are currently commercially being used, not necessarily related to the lithium industry. An office has been leased and refurbishment to be completed by Q2. In the catamarca city. Living accommodation for workers and facilities have been built. Planning and engineering work have already begun.

    After reading JL article, my impression was he is an advisor for one of the bidders wanting a quick deal. All businesses in china is under chinese government control. Car makers must buy batteries from a government list for subsidies.

    Open shorts now stand at 18.5%. Last reported retail was 16.2%.( maybe less now). There is no way to close. Ausbil hold 9% of those short positions. They paid up to $4.50. They are not going to sell at a loss. The shares are not there to buy back. Short sellers can only worry some retailers by going lower. They have no other way. The idea that institutions will sell their long position sub $2 when they haven't done so above $3 is irrational. All the institutions know the demand is growing at 15% cagr, that why they bought in the first place.
 
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