GXY 0.00% $5.28 galaxy resources limited

Ann: Response to Media Speculation, page-80

  1. 8,740 Posts.
    lightbulb Created with Sketch. 2622
    Indeed it does.

    Having the cut off of 500mg/l that was selected for conservative reasons rather than any other leaves open an ability to increase the value of the resource.

    Just had a look at LAC DFS cut off 354mg/l and an average grade of 585mg/l, though I couldn't find a reason they chose 354mg/l as the cut off.

    I have always thought Sal De Vida is much bigger than is currently presented.

    Hopefully those reworked numbers show up in the revised components of the DFS.
    Last edited by Thesi: 01/05/18
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.