News: GXY Australian lithium miners submerged by low prices, page-251

I certainly don't consider myself a downramper
I do consider there are many uprampers here.
I would be thrilled if Galaxy were to succeed
I would be able to jump in at a relatively low price and make money.
At this stage nothing suggests to me that things have changed.
The number one problem with Galaxy is the short mine life of its operating goldmine.
with current spod price they will continue to bleed cash.
To get the SDV up and running there has to be dilution at some stage even if it is a joint venture.

So I expect there is still plenty of room for the SP to drop yet.
This time next year things may be a bit different
but I see no reason to invest here especially while goldies are heading higher.


The only laugh I get is how misplaced expectations are compared to reality

Cheers