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0.00% $5.28 galaxy resources limited

Ann: 2019 Half Year Results Presentation, page-10

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  1. 8horse
    34,339 Posts.
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    29/08/19
    20:33
    Post #: 40228852
    Results are expected as I calculated production cost CIF for June 2019 would around USD$454/ton thanks to high feed 1.4% Li2O.

    Half year average cost USD$502/dmt, cash margin USD$82/dmt, good results.

    Australian division (Mt Cattlin), generated EBITDA before inventory write down, USD$5.1m,
    Less: Net Finance expenses (USD$1.1m)
    Profit before tax: USD$4m
    Less: optimised capex: USD$7.8m
    Net cash outflow USD$3.8m

    If all spodumene were sold, the results would look better and close to cover corporation expenses.

    28C1903E-FF1B-4BB7-B481-AB3BDF12EA0C.jpeg
    GXY Price at posting: $1.18 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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