Genuine question here but why doesn't galaxy do a staged development of SDV? Why do they need to jump in to full development with large capex and risk of scale? Why not 5kt then 25kt then 50kt? Galaxy could self fund a smaller LCE targeted plant right now of which profits could pay for scaling up. It seems like a process that could work well and opens the door for smaller off take customers
Has been interesting reading all the comments regarding Argosy btw.
GXY Price at posting:
$1.77 Sentiment: Buy Disclosure: Held