GXY 0.00% $5.28 galaxy resources limited

While keeping a keen eye on our investments is prudent, we...

  1. 51 Posts.
    While keeping a keen eye on our investments is prudent, we should not be overly concerned with daily fluctuations of the share price if the fundamentals are strong and have not changed. Ask yourselves the following questions:

    1. How did the share price perform over the last 12 months?
    2. Are we substantially derisked and gone into production?
    3. How is our free cashflow going to look in the next 12 months?

    A price drop just means an opportunity for some. A lot of the LI miners are still trying to play catch up. Are their valuations on par at their current status or is it because of the Li phenom? I am not qualified to answer that. While I would like for the SP to rocket into the stratosphere tomorrow, this is simply not how it works. Quicker gains may require a change in risk appetite and tolerances. We have been patient thus far with GXY, no reason to change now.

    DYOR.
 
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Currently unlisted public company.

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