GXY 0.00% $5.28 galaxy resources limited

Deutsche Bank & DSO, page-124

  1. 252 Posts.
    lightbulb Created with Sketch. 4
    Thanks binwood but I get more confused because of the product names used....

    First you have the rock /ore, then we have GXY that does 1 process and ships concentrate ( this is what they called it in their recent shipment ) then you have the final product carbonate which is produced in China ...is that correct ??

    So compare MIN which is just the rock , you say

    """Spod ore to concentrate will depend on the grades. If you are using 1.5% grade DSO and getting 50% recoveries it would probably be about 8:1 also giving a total of 64:1"""...

    So its 8:1 to get to the concentrate then 64:1 to get to the carbonate end product ??

    Thanks
 
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