GXY
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0.00% $5.28 galaxy resources limited

Ann: March 2018 Quarterly Report clarification, page-34

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  1. regal
    600 Posts.
    lightbulb Created with Sketch. 3890
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    23/04/18
    14:25
    Post #: 32630551
    At end 2017 cash in hand
    A$59.7m or $45.8m us
    At end march cash in hand
    $60.8m us or A $79.2m
    Every 15000 tonnes equals $5mil us in hand NET CASH. 200k÷15=13.3 ×$5mil=$66mil US per year.
    Short and long posters can now argue till the cows come home.
    GXY Price at posting: $2.85 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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