GXY 0.00% $5.28 galaxy resources limited

James Bay the future, page-22

  1. 283 Posts.
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    The updated SDV feasibility study issued 15th May 2018 assumes a price of US$14,750 and a long term price of US$13,911 for Lithium Carbonate with no mention of Hydroxide which is higher.

    Applying those same figures provided by Galaxy against those devulged by Anthony Tse in the earnings call, James Bay's would have annual revenues on 40,000t of around US$556 million mark every year.

    Of course that wont reach a majority of investors on the ASX unless they are converted into Australian dollars of A$760 million, and that is the equivalent of approximately $1.87 per share undiluted.
    Last edited by Guanxi: 22/09/18
 
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