GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-12046

  1. 8,153 Posts.
    lightbulb Created with Sketch. 2899
    I have archived a post at $135m, so im going with that one.

    He is still well out.

    To put it into perspective, to get to $135m, they would need to mine and produce the same amount of ore and Spod as they did in the first half (2 Qtrs) to get the expenses required to drop to that level in 1 QTR. And the company hit record production then. That was clearly to show off the mine can run very productive, now it can pull back until required.

    This is pure scare mongering on his part.

    Im not overly bullish on Li pricing until early 2021 but some BS needs to be called out.


 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.