GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-5263

  1. 13,089 Posts.
    lightbulb Created with Sketch. 2739
    what kind of analogy is that??????

    The 40% resource upgrade at Mt C needs to be put into perspective. Mt C was such a small resource before the upgrade relative to its peers and even after the 40% upgrade is still a minnow relative to pretty much every other lithium resource out there.

    Think of size like a salary. Mt C is a $5k salary whilst most of its peers are $100k+. A 40% increase raises it to $7k. It's still puny relative to $100k+.



    Using your analogy, that's like saying AVZ has a potential salary of $100M dollars  I guess,

    but reality according to that analogy, AVZ is unemployed

    MT C is employed and has a salary



    BOC, one of the biggest resources of copper in the world, unemployed since 1991
    Last edited by sydneyguy: 10/04/19
 
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