GXY 0.00% $5.28 galaxy resources limited

What is behind our Galaxy's falling share price?, page-731

  1. 8,033 Posts.
    lightbulb Created with Sketch. 566
    Lets get shipping into perspective
    Shipping brings in cash.

    Cash outflows were $50 million a quarter
    The last two quarters
    This quarter work has started in South America.
    So I think more cash will be required.
    Cash on hand was $41 million
    Without a shipment soon they will run out of cash.

    Cheers
 
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