GXY 0.00% $5.28 galaxy resources limited

Ann: Quarterly Conference Call & 2019 Guidance Achieved, page-7

  1. 6,197 Posts.
    lightbulb Created with Sketch. 1747
    No, 29,778 dmt of product was sold!!
    Payment terms does not affect the volume of product sold.
    The message that the company is clearly articulating is that they continue to implement prudent cashflow principles and are managing their pile of cash as efficiently as possible.
    We know that they have been exploiting their tainted stocks (by bassalt) which were previously written down so that the unit cost for the quarter should be pretty low. I think we could be in for a positive quarterly report versus analysts expectations.
    Time to top up again..... IMO.
    Last edited by yanlin: 09/01/20
 
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