GXY 0.00% $5.28 galaxy resources limited

Ann: Quarterly Report - March 2019, page-471

  1. 8,739 Posts.
    lightbulb Created with Sketch. 2622
    I remember that!

    I was on one of my HC holidays and found the video as @jacklesd explains, so I downloaded it from YouTube and added some music which turned out really good. (If I do say so myself ) I then sent it to Galaxy and suggested they had released it officially and placed it on their website. They didn't, but they did like it.

    I was surprised it having sat there for so long and so easy to find that no one else found it.

    Reading the comments back then when posters were trying to identify if it was legitimate @jess900ss was unsure and said this:

    "I don't know, the pit looks like a man with an enormous penis, so I am not sure of its validity IMO"

    And ever since then... Probably like others that have seen the video... Well as they say... Some things can never be unseen.

    Hey, I am not sure if this has been discussed already, but did anyone else notice that the company has increased the size of the ponds at Sal De Vida from 10 hectares to 15 hectares?

    I've been searching the Q1 transcript and also the announcements and cannot find any explanation for the 50% size increase in the ponds being constructed.

    From what I understand because of the low impurities in the Sal De Vida brine the size of the ponds doesn't need to be so big as it would in locations where the magnesium content is much higher. - That's if going down the path of pond evaporation.

    When reading the transcript, it seems the ponds are an add on but perhaps not entirely necessary to the process. Notice how AT refers to them as 'back end' - What is that suppose to mean? - I would have chimed in on the call but I was driving on hands free and the guy taking my details could hardly hear me anyhow.

    Warren Edney

    Yes. Okay. So really we're looking at end of - or middle of next year before you get anything meaningful from the existing flow sheet?

    Anthony Tse

    On the existing one, but on the alternative one, Warren, I mean if you're looking at direct extraction, you actually omit the evaporation step.

    Warren Edney

    Yes, okay. But I guess the other thing I was going to ask, about the new flow sheet, the alternative flow sheet. Chemical, like larger scale chemical processes just even doing test work, tend to take a long time to balance out and that sort of thing. So I would've thought that unless - when - if you started working on it a long time ago, it'd be fine. But I would have thought it would take another sort of like a 12 to 18 months to actually get anything meaningful out of an alternative process, right. Or I might misunderstanding the complexity of doing it.

    Anthony Tse

    So there's two parts, Warren. One is actually what you're doing in the field at the work site. And secondly, in terms of having raw material available to actually kind of run through the Tesla program. And secondly, it's obviously the capacity that we have lined up in terms of third-party, kind of, service providers and kind of research labs, et cetera. But essentially, we're currently running to a time line, which looks around - probably around Q3, Q4 in terms of bringing some of the findings from the Tesla program in.


    (I think Tesla program was actually Test program - anyone listened to confirm?)

    I wonder how much they will share in Q3, Q4 of the findings from the program.
    Last edited by Thesi: 22/04/19
 
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