GXY 0.00% $5.28 galaxy resources limited

Next ship named, page-860

  1. 2,774 Posts.
    lightbulb Created with Sketch. 2512
    you have somewhat lost the plot. As you once said, everyone has their breaking point.

    sales are important. Vital really. But the time frame is the most important thing. We know demand is huge and will only be bigger in the coming years. Issue right now is the converters are idle for two reasons:

    1: upgrade to plants to meet this coming demand.
    2: access to US$ Due to trade war

    now, if either of the two above are solved shortly, which point 2 will be. Yahua upgrades complete and online end of June.

    you are suggesting if we are not shipping it don’t produce it. This is just insane. The Damon’s is going to exceed what we can produce moving forward FACT. So there are no issues in producing as much as possible
    now and stock piling, in anticipation for this pending demand boom.

    by the way even at 45kt for the half this is still a highly profitable operation. Imagine when the remaining 160kt gets shipped in the second half! Mind blown


    strong buy and calm down

 
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.