Confidentiality helps to protect Talison's negotiation prowess. It's not up to Galaxy Resources to dictate those terms.
That aside, what it all comes down to for Galaxy Resources is.. the balance sheet & most importantly
Operating costs vs Sales
Whether investors want to recognize this or not.. Galaxy has significantly reduced their operating costs by acquiring Spodumene from Talison. The net profit will therefore be greater than if Mt. Cattlin were to reopen.
Profit in the balance sheet is all I care about.
Good for them, I say
- Forums
- ASX - By Stock
- GXY
- galaxy to buy talison ore
galaxy to buy talison ore, page-7
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online