GXY 0.00% $5.28 galaxy resources limited

ann out: jiangsu achieves 99.9%, page-23

  1. 22,970 Posts.
    lightbulb Created with Sketch. 769
    Next move is to confirm sales @ 99.9% premium price.

    Then confirm full production (17K tons p/a ) sales contracts @ 99.9% premium price).

    If GXY wants to hold down SP they will continue spruiking brine & the battery
    factory.

    If GXY wants the SP to recover towards $1 they should keep their heads down
    and pump out Li-Carb at a premium price and build up cash in the till.

    To rave about brine and a battery factory ( cash killers) now would be sheer stupidity because we have a mine and a plant raring to go and we are financially stressed and over diluted at present.

    If China wants to secure overseas resources then it should do it with its own money and not with Australian retail investors lollies.
    Cheers
    Moorookamick
 
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