GXY 0.00% $5.28 galaxy resources limited

Ann: Financial Year 2019 Results Presentation, page-75

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  1. 4,141 Posts.
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    Come on mate. Your using older, averaged out figures to paint a rosier picture. The most current prices don't support what you've posted, so you now say you think prices will rise from the last quarter's? Based on what? All those customers beating down our door to get their hands on our spod?

    The reality is we aren't shipping anything, the last quarter sales figures were the lowest GXY has ever received, recovery went down, production costs went up and now we have a bleaker outlook due to the Coronavirus. I'm not sure how one could be so optimistic given what is staring us in the face.
 
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