GXY galaxy resources limited

Galaxy Resources - Sal De Vida, page-9

  1. 8,746 Posts.
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    Yo @bobsacramento Thought I'd try something new!

    Hey thanks for that tip of visiting Matt. Great idea! Something different too.

    Matt Bohlsen has made quite a mark amongst the lithium community with his monthly repository of lithium information. - Which reminds me, I better make sure he is aware of this Galaxy video.. Official or not it's awesome!

    You said: "How do you look at the unused tax losses in term of our valuations and do you feel like the market is missing the fact that we have approx 200 mil of tax losses?"

    Your question is as timely as that video turning up... I didn't even know about the video and I am guessing the market doesn't know anything about the $214 million worth of tax losses that the company has up it's sleeve...

    I am sure the market would like to know about them, but has the company really done enough to make sure the market is aware?

    Those tax losses to me are an asset... and an unspoken one also..

    Maybe the company really needs to highlight this information some how?

    We have:
    • Mt Cattlin
    • James Bay
    • Sal De Vida
    And AU$214 million in unused tax losses, so we are unlikely to pay any income tax for a few years.

    In each presentation the company has a page for each asset.... Maybe they should have a whole page in the presentation dedicated to highlighting this tax loss and the benefit of having it.

    Like below, with a little picture of Sal De Vida or James Bay beneath?

    Last edited by Thesi: 02/07/17
 
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