GXY galaxy resources limited

Chinese, Koreans circle Galaxy’s $460m lithium stake in Argentina, page-9

  1. 11,837 Posts.
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    They quoted figures from 2013 DFS on GXY website (instead of updated 2016 DFS)... explains the underwhelming figures quoted in the article.

    "In April 2013, Galaxy released a Definitive Feasibility Study (DFS), completed on schedule and within budget, which supports low cost, long life lithium and potash operation.
    The DFS estimated a pre-tax net present value of US$645 million (US$380 million post tax) at 10% discount rate. Sal de Vida has the potential to generate total annual revenues in the region of US$215 million and operating cash flow before interest and tax of US$118 million per annum at full production rates."
    Last edited by remirez: 29/04/18
 
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