GXY
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0.00% $5.28 galaxy resources limited

Based on comparison of production and market cap, we should be 75c at least

  1. remirez
    10,878 Posts.
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    23/11/16
    13:30
    Post #: 20821916
    A simple calculation of obrecore's market cap and lower production to Galaxy, values Galaxy at 75c at least... no brainer... not even taking into account all of Galaxy's near term production increases.

    Obrecore is either overvalued or Galaxy is undervalued by about 2.1 times... you decide.

    How an explorer like Pilbara minerals can have a larger market cap than Galaxy is also mindboggling.
    Last edited by remirez: 23/11/16
    GXY Price at posting: 38.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 16  Upvote
    lightbulb Created with Sketch.  Great analysis
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