GXY galaxy resources limited

Banter and General Comments, page-12982

  1. 8,746 Posts.
    lightbulb Created with Sketch. 2629
    How much does POSCO now account for then, and on further exploration will account for?
    It's still 50% of an asset. Though I have often wondered if it might have been a settlement with KORES, because that was an ongoing issue. Perhaps rather than 30% they got 50% and didn't need to pay for our build.

    Anyway, @GCar I am not saying it was a bad idea, I am just highlighting the back peddling that has taken place since the current management took over the reigns.

    Perhaps they should have shut down Mt Cattlin, focussed on Sal De Vida and sold half during the biggest lithium bull run ever.

    But at this time, not doing what they say they will do and keeping the market up to date is a problem.

    Will next quarter be... Oh the down trend in the share price is because of the lower sales at Mt Cattlin, our failure to execute at Sal De Vida had nothing to do with it.

    The earnings call is going to be fun.
    BYO popcorn.
    Last edited by Thesi: 31/12/19
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.