GXY 0.00% $5.28 galaxy resources limited

Galaxy Resources dilution or not?, page-98

  1. 3,934 Posts.
    lightbulb Created with Sketch. 2069
    There is no way the debt facility they currently have could carry them through getting SDV started immediately and through to production. SDV is a big project and requires a large amount of money to get up and running.
    We all sang AT's praises from turning Galaxy around financially, taking it from a 2.3c sp and $50k in the bank to a $1 billion dollar company now about to play in the big league. Nothing has changed so why don't we all just trust management and let them work their magic.
    I honestly don't understand all the concerns unless you are a day trader, this is the best possible outcome for us long term holders.
 
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