GXY 0.00% $5.28 galaxy resources limited

GXY emergency offer for Alita?, page-124

  1. 8,033 Posts.
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    A40s operation should have been shut down long ago
    They couldn't because of the debt covenant.
    The new money should allow operations to be put on C&M immediately
    and on hold for 18 months hoping for the Spod price to recover.
    Galaxy should be thinking about the same for Mt Cattlin
    under $600 is not profitable for a hard rock operation.

    Cheers
 
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