Good detailed announcement ..... I like how they are basically telling the market and potential partners that low ball offers will not be considered ....
The Sal de Vida project is a tier one deposit with 40+ year reserve at 1.1 Mt LCE1 . Galaxy remains well positioned to develop Stage One of the project with the de-risked project strategy, a strong debt-free balance sheet and various additional financing options if necessary.
Take from this statement what you will but it sounds to me like we are announcing publicly that we have finance in place if we want it to go it alone if prospective partners keep offering low ball amounts ....
GLTAH
GXY Price at posting:
85.0¢ Sentiment: Buy Disclosure: Held
