GXY 0.00% $5.28 galaxy resources limited

$1.50 i think will still be cheap, that will put it on a mrkt....

  1. 989 Posts.
    $1.50 i think will still be cheap, that will put it on a mrkt. cap of just over 50mill.which is bugger all really, for a co. thats looking at a net profit of over 40mill. we are looking at a mrkt. cap of over 100mill. initially,which would push its share price way past $2, with the initial throughput of 1mill. tonnes of ore we would be looking at a turnover of around 70mill.AUD , even if we take out 30mill. in costs we still have a NPAT of 40mill. and a mrkt. cap of 55mill. doesn't sound right, co's with nothing have a mrkt. cap of 80mill. cant wait for the PFS
 
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