GXY
Click for more information
0.00% $5.28 galaxy resources limited

Ann: Corporate Presentation - July 2019, page-268

  1. remirez
    10,650 Posts.
    lightbulb Created with Sketch. 477
    clock Created with Sketch.
    25/07/19
    10:45
    Post #: 39685123
    PLS has $60 mil AUD cash on hand and a $900+ mil AUD market cap. IMO at their rate of cash burn ($40 mil AUD) in a quarter, and estimated cash outflow of $66 mil next quarter, they'll have to do a CR.

    Now compare that to Galaxy Cash on hand USD + inventory to Market cap (No Debt)
    Last edited by remirez: 25/07/19
    GXY Price at posting: $1.38 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

3DP Pointerra wins US$1.63M from US Dept of Energy to model climate change scenarios
right-arrow Created with Sketch.
LLL Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng
right-arrow Created with Sketch.
SVL Silver Mines models five new calderas close to 396Moz Bowdens deposit
right-arrow Created with Sketch.
NEWS Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25
right-arrow Created with Sketch.
EX1 Tryptamine Therapeutics completes maiden dosing of IV psilocin – a global first
right-arrow Created with Sketch.
CMX ChemX Materials kicks off first stage works at WA high purity alumina pilot
right-arrow Created with Sketch.
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.