GXY galaxy resources limited

email/write to asic, page-27

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    ballbantry, because the comp will be a sitting duck if the sale of Jiangsu is approved by both camps - debt free with $62M in the bank and the prized SdV - looks like it's been set up to be sold/taken over. As long as the price is right I think it'll be a good out. Otherwise - hunt around for a JV partner - wait until the builds are finished - all the time having to pay the boards wages and c&m for Mt Cattlin and James Bay. 2 years would be quick imo to get the salar and processing plant up and running. Then there could be an accident, ramp up could take forever.....deja vu!
 
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