GXY 6.59% $1.28 galaxy resources limited

Most likely.1) The trade war spat bet China / USA will probably...

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    Most likely.
    1) The trade war spat bet China / USA will probably close to settle or even concluded - that will remove all the uncertainty and hand brake will be off on the growth of world economy.
    2) Few of the 70 battery mega factories will come on stream and demand and prices for lithium will surge.
    3) Many new EV models will come on stream from major global car manufacturers therefore increase the demand for lithium.
    4) Cost of EV will decrease due to competition from major brand and mass production, the uptake of EV will be accelerated.
    4) Tesla would have sorted all their issues and full production ahead, including their new production facility in Shanghai.
    5) Massive demand for lithium on the grid storage side
    6) Many marginal lithium explorers and producers will probably disappear due to weakness of the current lithium price - unable to get the funding to proceed further
    With the production focused new CEO in place - MC will continue to improve - 250 k ton pa production @ $300 cash cost, SDV is well underway (with or without partners), still cash up, no debt and no requirement for CR.
    By year end, James Bay probably sold to Uncle Sam interest at lucrative price.
 
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