GXY
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6.40% $3.51 galaxy resources limited

notice that EV investment by OEM is growing daily and lithium...

  1. Ninja Tuna
    1,654 Posts.
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    05/03/19
    05:01
    Post #: 37651515
    notice that EV investment by OEM is growing daily and lithium ion manufacturing capacity announcements involving mega factories are growing daily
    the downstream supply chain is growing at a much faster rate than upstream lithium mines
    shortage of battery grade product looms in the medium term 
    Add to that the time lag from investment to achieving capacity
    between the upstream and downstream. Upstream being once again much slower to build and ramp up to capacity.

    not advice 
    GXY Price at posting: $2.13 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 15  Upvote
    lightbulb Created with Sketch.  Great analysis
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