GXY 0.00% $5.28 galaxy resources limited

24million tonned yeahhhhhhhhhhhhhhh, page-25

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    Shows how much you know about world markets.

    Greenbushes has been producing spodumene to the world market for years.

    Enough there for 1mt or 150k spodumene concentrate p.a. equating to $75m revenue per annum.

    Enough Ta for approx 300,000 lbs per annum equating to $23m

    So revenues around $100m.

    Low cost operation - open pit, private land (less approvals/quicker to develop/no clearing), very simple metallury involving gravity separation.

    Operating costs will be quite low leading to high margins.

    Market looks at figures vs targets - Ta was below expectations but spodumene above - from the above you can see spodumene makes up the bulk of revenue anyway.
 
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