GXY 0.00% $5.28 galaxy resources limited

Galaxy: What I'd like to see..., page-48

  1. 314 Posts.
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    I think this tread is a good idea intended to bring focus as a direct tool for compiling constructive suggestions. I thank posters in advance to take general discussion not focussed on what they would like to see in GXY announcements to another thread.

    What I would like to see which may surprise some or many HC posters:
    1. Clarification of profits generated from Mt Cattlin. I am happy with the frequency the reports currently are and hope that future reports continue to be clear about the costs and income gained.

    2. Updated life of mine data, which I am happy is proceeding already.

    3. Confirmation that Sal De Vida is on the path to operation. This seems obvious but has several other implications. I want to see:
    a) Confirmation that the current income and funding is sufficient to have consistent progress. I desire to know that the construction process can step forwards with current cash flow and does not require full funding to progress past certain points. If this is not possible I want to be able to see that there is enough money to complete an operational plant, which I believe unlocks value not just in intrinsic product sales, but transforms the land from being a place with just a resource to a place with a resource which is being used. My thinking here is that if it takes years (say 4 years) to construct and commence commissioning of a full scale plant than Mt Cattlin could realistically have made anywhere from US$230M (which accounts for a profit margin of US$4.8M per month) to US$288M (US$6M/month) which goes a long way to funding the project with minimal debt facility.
    b) Modular goals of construction which are affordable. My guess is that ponds and wells are the easiest bit but you really want to be able to process the liquor at the end.
    c ) Confirmation that the processing plant design has been thoroughly checked and accurately costed.
    d) GXY go it alone if the income and current funds allow it to progress without delays and prefer that the highest possible debt facility available is taken. This one is because I would like GXY to be greedy and that I think the extra debt will be easier to pay down than trading the income from a partner. However I have said before versus a large capital raise I would prefer to go with a partner on that.

    4. A DFS for James Bay which I am also thankful is being worked on. Actually I will be stoked if this project can get running anytime within 10 years.

    5. Not directly related to GXY but I would like to get more clarity on the supply and demand story. The old "DYOR" is not easy with this product because the data has so many variables. 'Battery grade/quality', 'LCE' and 'EV sales data' are thrown around a lot but you probably have already found out, Mtpa of resource translates to a completely different ktpa of feedstock which produces a completely different MT of compound used in all kinds of variable volumes per application.

    I actually think that management are largely doing things right. Concentrate on building the things and find themselves at the top of the tree.

    I would love to see someone measure the tree accurately.

    GLTA
 
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