"According to the DFS the Sal de Vida project is to be entirely funded by the JV partners as part of the farm-in deal to earn their 30%. So Galaxy does not have to pay a single cent to earn its 70% share of the estimated US$645m p.a. profit. (To these guys $369m is peanuts!)"
By now this statment has abundantly been exposed as the nonsense that it was right from the beginning. GXY at this point in time doesn't even have the funds to make it to the cash flow break even point without additional funding. Heaps of!
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