GXY 0.00% $5.28 galaxy resources limited

What in tarnation is going on?!, page-6

  1. 5,872 Posts.
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    "I assumed everything was going gangbusters"? Welcome out of your cave. The price of lithium has tanked in spectacular fashion since the top of the bubble 18 months ago, SDV is already delayed by 6 months (words directly from AT) and they aren't shipping anywhere near the amount they are producing at Mt C. It reads like a horror story. Just don't read it before bed time or you'll have nightmares

    "Current earning per share looks ok" - you mean the earnings figure that included the sale of the northern tenement at SDV and has it trading on a PE of something like 3-4? Rookie error
 
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