GXY 6.40% $3.51 galaxy resources limited

New Lithium Related Article, page-1983

  1. 394 Posts.
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    The tide is definitely turning for lithium sector, especially GXY which has been hammered by shorters , the 3 musketeers and general negative sentiment / over supply fear propagated by MS and MAC Bank in the last 6 months
    Fasten your seat belt and enjoy the ride up after the Posco $ landed in the bank and imminent deal at SDV clinched.
    The anticipated avalanche of supply is a no show to date - major suppliers Albemarle, SQM,  Livent, and ORE unable to ramp up supply as planned, the Chinese are playing silly bugger, the lithium price has hit the bottom and is on the way up, flood, fire, various delay, funding obstacle to many juniors and massive over budget saga at Nemaska will only mean one thing - unable to meet the unstoppable demand requires for EV and grid storage. 
    It is matters of days or weeks now (definitely not months) to pop the champagne. 
 
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