GXY 0.00% $5.28 galaxy resources limited

Ann: Acquisition of Senior Secured Debt Facility, page-130

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  1. 9,509 Posts.
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    You may not realise but the lithium sector is in deep crisis thats why we have lithium miners getting out of business now.
    And it may get worse before it gets better again and A40 has not time on their side.
    GXY has the luxury on its side with all that Cash in the bank and the low production cost.
    This is making all the difference in these periods of hardships as we see today with A40.
    Like the big iron ore miners during the downturn who survived and now reaping the benefits of high prices so will it be in the Lithium sector.
    By the looks of things it will be GXY who will be the one holding the flag pole.
 
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