GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-14521

  1. 200 Posts.
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    The US to AUD exchange rate continues to assist cash backing per share when measured in $A
    The approx $100M US held by GXY as at 31/12/2009 was worth about about $143 AU but would now buy around $167 AU
    Hopefully The Mt C mining contracts are valued in Australian dollars as this would certainly also lower cost of production.
 
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Currently unlisted public company.

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