GXY 0.00% $5.28 galaxy resources limited

Ann: Strong balance sheet to advance both growth projects, page-15

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  1. 753 Posts.
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    in some ways we agree...GXY being screwed with by customers, but if you recall they jettisoned (can’t recall name off top of my head) what were probably the worst offenders when sales started picking up. Now that spod prices are rising and pricing is linked to spot it will be clear sailing from here. I am inclined to think the company knew what the best strategy was in the slump to keep losses at a minimum.
 
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