GXY 0.00% $5.28 galaxy resources limited

Ann: September Quarter 2019 Quarterly Activities Conference Call, page-162

  1. 8,033 Posts.
    lightbulb Created with Sketch. 566
    So a selling price of $940 a dmt.
    and reciepts from customers of $19 million
    That would make it around is 20k dmt was sold 6 months.
    How does that sit with you guys..
    Quarterlys state around 45k dmt shipped.
    Doesn't sit well with me ...as do the other figures.

    Is it possible to take your rose coloured glasses off for a bit
    and wonder where $80million cash has gone
    as well as about $40 million of the Posco money.
    All while they suppose to have a money making opperation.
    That is before another $30 to $40 million goes this quarter
    So that is $150 million USD gone in just over a year.
    Cheers
 
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