GXY 0.00% $5.28 galaxy resources limited

Ann: FY 2017 Results Presentation, page-39

  1. 283 Posts.
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    CB is pointing out the actual reported profit figure and having a laugh at its size. I was taken aback too. $166k! The increase in cashflow to $59 mill cash flow is from issuing shares. Reality check - the company has broken even. That's good, but there's competition and their future performance is inextricably linked to the lithium price. I continue to hold a small number.
 
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