GXY 0.00% $5.28 galaxy resources limited

ann: june q report out, page-4

  1. 12,607 Posts.
    lightbulb Created with Sketch. 175
    why is anyone putting money into this ?

    NO earning capacity to take care of debt by the current looks

    Jiangsu in need of 5 mill to come to name plate capacity

    Admin alone swallowed 4 times the free cash generated by sales

    do tell me what I am missing ?

    (unless they found a buyer for the non core assets?)
 
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