GXY galaxy resources limited

Ann: March 2018 Quarterly Report clarification, page-71

  1. 824 Posts.
    lightbulb Created with Sketch.  104
    LOL

    If you trust the view of some muppets at a newspaper or even the "expert analysts" from the intso's to do your research for you, you'll get what you deserve. Eaten by the sharks.

    Good luck shorters. We know you have the might to push this down to wherever you like - $2 is a real possibility if they are keen enough. But it's short-term nonsense in the scheme of what is to come.

    I'll say it again - there are dozens and dozens more mines required in the coming 10 years even if the full transition to EV's takes another 20 or 30 years. If you cannot see that as inevitable then you haven't been reading the "latest lithium related articles" or "electric cars" threads! It is unfolding more and more every day. Billions upon billions of committed investment by big auto and battery.
    Where will the lithium come from? SDV will play a role, no doubt in my mind.

    You guys can churn up the FUD in the meantime, good luck to you.
    Long-term holders who have some foresight are relaxed and won't be swayed by the panic merchants.

    I'll be equally relaxed when SDV is bringing in hundreds of millions in profit per year. Not next month, not next year, but it will happen.
    Will be great to look back over some of these "forecasts" in a few years!

    DYOR
    Last edited by GCar: 24/04/18
 
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