GXY 0.00% $5.28 galaxy resources limited

Ann: Galaxy Secures Spodumene Supply Agreement , page-8

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  1. 2,004 Posts.
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    re: Ann: Galaxy Secures Spodumene Supply Agre... Moorookamick,

    how do you know we'll save $27M/y? I didn't see anywhere in the announcement the contract price agreed with Talison. The positive point is we'll be saving money by buying from Talison. The negative is the current worth of Mount Caittlin can't be all that much - at current exchange rates.

    This makes the Sal de Vida all that more important - it's a shame it is years away from production - and it will soak up loads of money - we need a JV to move forward with that IMO.
 
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