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Ann: Mt Cattlin Shipment Update, page-202

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rvajna

8,879 Posts.

650

27/06/19

01:29

Post #: 39257845
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Originally posted by Darkstone: ↑

$75,000,000

Heh, everyone.

You know what that number is? $75m? That's how much profit GXY is going to make on MtC alone on the low end of the prices (you know - the worst case scenario number) in the Second Half of this year in Australian $. If we add the first half to that we get about $95m Australian $.

So in 6 months time, GXY is going to be up to $75m richer than it is today.

Think about that when your selling tomorrow because they are selling 15kt of spod one month later than planned.

In six months time when they have been happily reporting the sales for the preceding six month my shares will be 50-100% more than today (depending on the PE) - even if they do nothing about SDV in that time, and nothing else changes.

What happens to SP in two months time (or less) when they announce the successful direct extraction results for SDV?

Expand

What are the chances of SDV getting up given the environmental destruction brine extraction causes? Do you really think the the Argentinians are that desperate for money that they would allow this in their back yard? Have a look at the link. I am not just saying this. https://www.wired.co.uk/article/lithium-batteries-environment-impact

Last edited by rvajna: 27/06/19

GXY Price at posting: $1.27 Sentiment: Hold Disclosure: Held
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