GXY galaxy resources limited

gxy still shorted, page-7

  1. 23,959 Posts.
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    The 15th July ann said that GXY had paid down its CDB/RZB
    senior loan which from memory was $105 mil.
    The same ann said that the Carbonate Plant was running
    $27.3 over budget.
    That would leave $52.7 mil cash before all other expenses for the QTR.

    The ann also says that loan drawings from the China Construction bank will fund the completion of the Jiangsu project.

    Cheers
    moorookamick
 
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