GXY 0.00% $5.28 galaxy resources limited

Ann: Quarterly Activities Report - June 2019, page-172

  1. 6,190 Posts.
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    It is clear many of the investment analysts are playing a very dangerous game. I have highlighted one such institution: MacBank.
    They currently value SDV the same way as they value any other undeveloped mining asset. They don't even factor in the recent capital investment in their valuation of SDV at the princely sum of A$20m.
    The risk to institutions like MacBank is, the moment an announcement is made on SDV, they will need to commence factoring the mine as a development asset and, by any conservative measure, the addition of this asset to their overall company valuation will dwarf their current number.
    We could see this share price explode if there is any sort of SDV development in the near future.
    C'mon Simon, give us something pretty soon!!!
 
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