GXY 1.15% 88.0¢ galaxy resources limited

the demand side of galaxys business

  1. jqb
    19 Posts.
    Don't forget the demand side of Galaxy's business model. Hopefully Mercedes' announcement that it will use Li Ion batteries in its hybrids is the beggining of a trend.

    http://biz.yahoo.com/ap/080301/daimler_hybrid_batteries.html

    The current gap between GXY's value and price make it a good investment. However, demand Li for lithium is going to start getting a lot more attention from the market in the next few years. To the best of my knowledge, GXY is one of the the closest things to a Li pure play on the world markets.

 
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