GXY 0.00% $5.28 galaxy resources limited

Ann: Investor Presentation - Q2 2017, page-17

  1. vmp
    13,174 Posts.
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    If AT will give us 8-10 cents dividend p.a., this will insulate our sp at $4 at least. We all double our money and support a $120m CR, 30m shares or 8% dilution, totally acceptable. Either we put in more money to support the CR or sell some to avail of a SPP. New investors come in at $4. $120m + $xxxx from MC for the next 2 years might be enough to progress all projects on our own. I think this strategy is very realistic (Connacord already has a $4 target, Gxy just needs to execute on MC and provide a dividend bait) no Dryship effect whatsoever with this approach. Lithium demand will save our bacon. We preserve the value of the company and it rewards loyal supporters. It will also make all bod members filthy rich.
    Last edited by vmp: 17/07/17
 
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