GXY 0.00% $5.28 galaxy resources limited

Ann: Quarterly Activities Report - September 2019, page-7

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  1. 923 Posts.
    lightbulb Created with Sketch. 880
    Nothing unexpected.

    Cash pretty much the same as they shipped a lot.
    Costs going back up 50$/t as they moved from 1.4% grade to 1.2%. Still relatively low costs.
    Ugly guidance for Q4, 35-45kt production and 30-40kt shipping both down a lot from Q3.
    Reason given is focusing on improvements before going back up to full production.
    Nothing big about SDV and JB.

    Annoyed that they don't give a sale price for the quarter like everybody else does like AJM or MIN.
 
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