GXY
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0.00% $5.28 galaxy resources limited

Brokers Valuation Reports, page-21

  1. Phitte
    98 Posts.
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    01/02/18
    10:43
    Post #: 30730240

    Where did you get the 25 year min life figure from?

    This Dec 2016 report has known ore reserves at 26Mt, ~6 years at current rates.

    http://www.galaxyresources.com.au/Investor/reports/151216Canaccord.pdf

    I agree there will likely be more in Traka tenement but that will significantly less profitable.
    GXY Price at posting: $3.38 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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