GXY 0.00% $5.28 galaxy resources limited

Ann: 2017 Half Year Financial Report, page-6

  1. 11,418 Posts.
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    OMG, surprises keep coming!!

    "A technical and financial evaluation has commenced for the construction of an ultra fines DMS circuit, a secondary float re-crush circuit and a final product optical sorter that will target further increasing recoveries to between 70-75%."

    industry standard recoveries is 50%.... we are already at 60%.

    this will add to our bottom line profits significantly!

    and...

    SDV - The revised DFS estimated a post-tax net present value (“NPV”) of US$1.416 billion at an 8% discount rate

    OMG!!
    Last edited by sachz: 30/08/17
 
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