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GXY, GALAXY RESOURCES LIMITED
blacksheep
post Posted: Dec 7 2017, 12:16 PM
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In Reply To: blacksheep's post @ Dec 7 2017, 12:00 PM

GXY in the media - https://thewest.com.au/business/automotive/...t-ng-b88683067z

QUOTE
UBS said its preferred picks for investors were Independence Group and Western Areas in the nickel space, Syrah Resources for graphite and Orocobre and Galaxy Resources for lithium.
Galaxy also received a buy recommendation from Bell Potter based on a big resource upgrade for its James Bay lithium project in Canada on Monday. The broker issued a price target of $4.57, noting lithium prices had continued to strengthen on constrained supply and continuing growth in demand.




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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Dec 7 2017, 12:00 PM
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In Reply To: blacksheep's post @ Nov 29 2017, 10:38 PM

Roskill view

QUOTE
Locking-in customers for the longer term is a smart move for Galaxy as competition in concentrate supply from WA is set to heat-up from 2018. Although most other existing and near-term producers have the majority of their output sown-up under off-take agreements, typically for greater than two years, additional un-contracted supply could become available and customers without agreements like Blossom and Ruifu would be a key target for extra sales. Roskill still sees downside pressure on spodumene concentrate prices mid-term, but as agreements are increasingly linked to lithium carbonate/hydroxide prices it may take a wider price fall to realise. Galaxy has reaped higher pricing in not having formula-based contracts, but if the market turns that advantage could transfer to its customers.

https://roskill.com/news/lithium-galaxy-sig...s-bay-resource/
https://www.shortman.com.au/stock?q=gxy

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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Nov 29 2017, 10:38 PM
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Posts: 5,411
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In Reply To: blacksheep's post @ Nov 29 2017, 05:40 PM

Shares in lithium miner Galaxy Resources spark up

QUOTE
Assessing the Galaxy announcement, Citi analyst Clarke Wilkins said: "While positive, we see this announcement largely on expected lines and the market will likely continue to focus on the project pipeline progress."

Mr Wilkins said Galaxy had also signed a "conversion agreement" that would see some of Mt Cattlin's lithium concentrate converted into lithium carbonate/hydroxide on behalf of Galaxy.

"This will allow Galaxy to sell downstream lithium chemical products to consumers directly and capture higher share of lithium value chain. We believe this also fits into Galaxy's strategy to develop relationship with end-consumer for potential future product mix of the company," he said.


read more - http://www.smh.com.au/business/mining-and-...129-gzv5ww.html



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Nov 29 2017, 05:40 PM
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In Reply To: nipper's post @ Nov 29 2017, 08:26 AM

News well received - SP up 8.64% @ $3.90/share
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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
nipper
post Posted: Nov 29 2017, 08:26 AM
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Something's happening


• Binding offtake agreements for minimum 200,000 tonnes per annum of lithium concentrate signed with multiple customers for 5 years

• 100% of total planned lithium concentrate production from Mt Cattlin sold for contract term

• Headline pricing achieved for 2018 higher than 2017

• A portion of Mt Cattlin lithium concentrate to be converted on Galaxy's behalf into lithium carbonate and or lithium hydroxide

• Galaxy to commence selling lithium chemical products to the end-user market in 2018

• Offtake arrangements to settle through Mitsubishi Corporation





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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Said 'Thanks' for this post: blacksheep  
 
blacksheep
post Posted: Nov 23 2017, 12:06 PM
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GXY's Managing Director & CEO is featured as a speaker at the upcoming BloombergNEF - Future of Energy Forum - Shanghai - held next week November 28-29, 2017

https://about.bnef.com/summit/event/shangha...hanghai-agenda/
https://www.shortman.com.au/stock?q=gxy

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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 


blacksheep
post Posted: Nov 16 2017, 10:03 AM
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Team of Lithium - a podcast with Joe Lowry and Chris Berry - "telling it as it is" - GXY gets quite a bit of coverage

http://lithiumpodcast.com/podcast/episode-...eam-of-lithium/



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Nov 14 2017, 03:02 PM
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In Reply To: blacksheep's post @ Oct 19 2017, 12:28 PM

Broke through the $4 mark today - currently $4.02/share - got a mention in Vesna Poljak/AFR article - Galaxy, Orocobre, agree the world will not get enough lithium in time

Read more: http://www.afr.com/markets/galaxy-orocobre...u#ixzz4yNZNUF3m
Short positions have declined from a high of 12.36% back in September, to 8.59% as at 8 November 2017
https://www.shortman.com.au/stock?q=gxy
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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 19 2017, 12:28 PM
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Posts: 5,411
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In Reply To: blacksheep's post @ Oct 12 2017, 07:51 PM

Galaxy moving up in the lithium world

QUOTE
Shares in Galaxy are up by more than a staggering 90% since the start of August, reaching a new six-year high of A$3.73 today.

Since the end of August, the company has seen institutions on its register rise from 42% to just under 47%.

“We’re seeing much more of the non-mining, non-resources investor,” Tse said on a teleconference today, adding that Galaxy had received interest from sovereign wealth funds.

http://www.miningnews.net/operations/produ...IQN1jiQ.twitter
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Short sare moving up also
https://www.shortman.com.au/stock?q=GXY



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 12 2017, 07:51 PM
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Interesting hook up, although I've not paid much attention to LPD, or their L-Max technology, in the past

Private Placement To Galaxy
QUOTE
Galaxy will be a strategic shareholder in Lepidico, with a 12% interest in the Company following the completion of
a private placement of 291,750,910 Shares at 1 cent per share.

Demonstrating Galaxy’s support of Lepidico’s business strategy and the L-Max® technology, Galaxy intends to take
up all its rights in the Entitlement Offer, and will nominate a representative to the Lepidico board.

The strategic alliance with Galaxy is based on a shared vision for the significant global opportunity provided by the
commercialisation of Lepidico’s L-Max® technology. With its strong industry contacts and relationships in the
lithium industry, Galaxy will be assisting Lepidico with future business and growth opportunities, evaluating
potential synergies with their Mt Cattlin mine and James Bay projects, as well as accessing additional mica
feedstock sources able to be treated by L-Max®.

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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
 


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