who's buying all these options?, page-8

salty

all I can see is good news for other players in the sector

think we are flogging a dead horse with GXY

http://www.theaureport.com/pub/na/15765?utm_source=delivra&utm_medium=email&utm_campaign=TGR+Comp+Final+12-27-13

section Lithium sector worth a read:

TGR: Australia is one of the top two lithium producers in the world. There are 14 ASX-listed lithium companies. How significant do you consider the just-announced joint venture (JV) of Rockwood Holdings Inc. (ROC:NYSE) taking 49% of Talison Lithium Ltd. (TLH:TSX) and Chengdu Tianqi Industry Group Co. keeping 51%?

LS: The deal could be very significant for the lithium space. It points to more consolidation on the supply side in a high-growth sector, which is very positive on where the price is going to go. Also significant is the potential for Tianqi to become an investor in Rockwood itself.

TGR: So you anticipate higher lithium prices?

LS: Yes. Lithium demand is growing at about 10% per annum, and supply is limited.

TGR: Are increased prices dependent upon newly emerging technologies?

LS: Yes, as those technologies become more mainstream. The obvious one is electric cars. You've probably seen the good growth numbers put out by industry leaders like Tesla Motors Inc. (TSLA:NASDAQ). This points to quicker-than-expected uptake, considering that the company is already profitable at such low-production volumes.

TGR: Which Australian lithium companies do you like?




NOT a word on GXY