GXY 0.00% $5.28 galaxy resources limited

Ann: Galaxy Confirms Lithium Concentrate Pricing for CY2017, page-117

  1. 601 Posts.
    lightbulb Created with Sketch. 44
    AC

    at $300 MC = $1.548bil thus .84 per share for Mt Cattlin.

    However I agree it will take some time to understand the variable cost - and for that matter the fixed costs as they progress Sal de Vida

    I understand the niceness of a dividend, but I would rather they thank us by spending the $18mil (@1c ps) wisely on lowering processing costs or progressing SdV! (Or in fact completely ensuring the 45,000 is delivered!)

    On another matter - I would like to understand the margins earned by the downstream processors. I read that they need about 8 tonnes of Mt Cattlin product to make 1?
    So they start with 8* U$900 = $7200 and currently getting say U$15k - do you know their approx processing costs?

    Cheers and thanks for all your input
 
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.