Galaxy Resources shares., page-6

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Thesi

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07/11/16

10:14

Post #: 20413265
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Originally posted by Bron ↑

Hi Thesi, Dilution Resources doesn't have the same ring to it! My thought here is that allowing the company that GXY works with to have a vested interest, would hopefully get the whip cracking on production and shipping. We'll soon be finding out how many tonnes will be shipped this year. Whether this is a correct assumption or not, I'm thinking that there must be good reasons for the dilution that we are unaware of. And would this dilution be short term too until projects get going? I know that you're challenging your investment, and that's always good.
Your answer here has answered a few of my questions from last night.

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The dilution is permanent.

I was looking over an old presentation yesterday which showed 330 million shares.

We now have over 5 times that amount and still haven't become a sustainable business.

If there was a market for excuses we would all be very wealthy holders.

Excuse Resources?

GXY Price at posting: 34.0¢ Sentiment: None Disclosure: Held
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Galaxy Resources shares., page-6

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Unemployment expectations correctly called today's 4.3% rate

ASX Market Close: Pretty boring day, but we're back in the 8,600s

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