GXY 0.00% $5.28 galaxy resources limited

Ann: Appointment of New Chief Executive Officer, page-254

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  1. 2,237 Posts.
    lightbulb Created with Sketch. 4001
    Hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm maybe.

    There's a lot of supposition here at the moment@Thesi.

    It's possible that the alternate location mentioned in LPD's latest quarterly is Ravensthorpe or nearby, but I would be surprised. All of the planning and work that has gone into drilling and preparing Alvarroes, then not to use it?

    Plus, I would be stunned and enraged if the LPD team were planning a shift (and therefore a delay) of P1 on the back of a possible restart of a marginally economic mine in WA. Making your feasibility study dependent on someone else's is a huge pile of risk, and there would have to be ridiculous savings involved to make it worthwhile.

    I could see the possibility of a P1.5 arrangement possibly being sorted out, but not anytime soon.

    Cheers
 
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