GXY 0.00% $5.28 galaxy resources limited

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  1. 179 Posts.
    lightbulb Created with Sketch. 29
    Very Sad.. to see a LT pushed out.. Not a great time to sell, knowing it’s been played hard..
    The issued USD based financial statement is a timely reminder, I am top line lad and the company is going to more than double it’revenue on the existing operational asset, can /is investing in two high growth assets in a growth market and there are sufficient funds + cash flow with no debts to make any investment/partnering decisions at GXy own pace.

    The short case in my view is really impatience on holders part and perhaps also company by doing an illconceived
    (Very unlikely) financial transaction (CR/listing/equity issued to partner)

    Let’s assume even if that happens, with the current share register and 3-5 year demand view, at minimum GXy will retest the recent highs, and most likely it will be a multiple of that.

    It’s hard, painful & revolting at times and often comes with a very lonely feeling however Patience is the only requirement: simple but not easy.

    Hope to see you back in the near future ..


 
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Currently unlisted public company.

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