Sales is said to be for December 648 and the best yet. That would be 7776 annual if this doesn't improve at 68% battery grade. Hypothetical at $6000 a tonne would be $46,656,000 before costs. Even at $5000 a tonne is 38,880,000.
Difference using even the potential benefit of the doubt @ $46,656,000 gives a loss $14,273,000
Galaxy must sell 200 tonne more a month than the last month's best of 848. Needing a minimum of 10,176 per annum provided there are no other costs to break even.
Have I got this right?
GXY Price at posting:
6.7¢ Sentiment: Hold Disclosure: Held
