Banter and General Comments, page-4398

Not long before the great fundamentals of Galaxy will be reflected in the share price and here are the reasons:
- the poor performance of Australian housing market, potential mass foreclosures , potential interest rate cut will Drive the Aussie dollar down to 66c by end of year as suggested by some analysts.
Galaxy has lots of money in the bank in US dollar, it sells its products in US dollar, hence the currency differences will boost the underlying profits.

-Demand for lithium is growing and the largest producer in the world in their latest update pointed to increase demands , in addition Elon Musk reduced The prices of their cars by 33 percent which will increase car sales, and driving demands to the roof. Norway largest funds are stirring away from oil investment because they know that the future is for electric cars and that means, they are looking into investing in lithium.

- lots of news about to be announced regarding:
strategic partnership negotiations
latest development at Jamed Bay
latest development at SDV
LPD pilot plant update and what it means for Galaxy
potential increase of galaxy stake in LPD, currently at 12 percent.
Mt Caitlin progress with YOP and increase production
update on management of POSCO money.

I would like some of these announcements, released at the time when Trump signs a trade deal with the Chinese. IMHO, this will be the catalyst.

The shorters will keep playing their games aided by uncertainty regarding the trade war and lack of striking news from the company. Retail investors are scared to buy even at these ridiculous level, thinking it may go further down and forgot that at any time, the news can come out and the share price will explode.

At these levels, I am taking my chances and has been adding to my position. I have done this with OGC when it was $3.14 when the Philippine President scared the market and now OGC above $4.5. I have done the same with SBM when it was $3.54. I am currently sitting on huge amount of share in RSG and GXY.

The bottom line is this great company, has no debts, lots of money in the bank , owns and operates world class assets and most importantly, interest from world class customers and partners . It looks good to me and no amonnt of shorting will push me away, rather presenting a big opportunity and only time will tell. Just remember my post.

All in my opinions.

Cheers, Sydney