GXY 0.00% $5.28 galaxy resources limited

Share buy back to protect shareholders value, page-47

  1. 5,899 Posts.
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    If that chart is so good then why isn't anyone jumping at GXY to partner for SDV? SDV is pretty much worthless now to everyone in the industry. It's not a secret. If it was such a great asset, which GXY loves to bang on about being the best "undeveloped" brine resource, then why is the market valuing SDV, Mt C and JB at about $300m combined? You'd be lucky to sell SDV for A$150m on a good day now. That's quite a fall from grace when it was valued at over A$1b 16 months ago.

    The chart that is more relevant to operations is the one that shows the price of battery grade spod going from $925 to $600 in barely a year.
 
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