GXY 0.00% $5.28 galaxy resources limited

Ann: James Bay Development Plan, page-133

  1. 8,739 Posts.
    lightbulb Created with Sketch. 2622
    Well all we have is a PEA which is nothing more than a mud map which as a mud map doesn't provide confidence that the company has a plan for conversion... That's all in discussion still.

    The market was probably expecting a PFS but they have opted for a basic low level scoping study just to probably appease the market.

    The cost for production doesn't sit right as I pointed out, and I would be interested in your views on that @GCar though of course you'll probably opt for that's what the company has shared so far and provide little to no substance to that conversation so perhaps my request might end up rhetorical.

    @findinggems is spot on, I expected more from the company, but all we got was this which is a disappointment and has brought little value.

    Even look at the potential SC produced 5.6% that raised another posters questions earlier in the day. It's far worse than the production from Mt Cattlin meanwhile you would be expecting far better given the grade of the resource.
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

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