You realise galaxy are developing two assets and upgrading a third. This costs money. It would be different if galaxy was just an operator trying to squeak out a profit year to year.
Prepare yourself for alot more spending to come, like $450m USD at SDV and probably similar at James bay... yup close to $1B USD injected into the lithium space.
My spidey senses are telling me little ole Mt Cattlin isn't done with value adding yet.. think converter partnership etc.
GXY Price at posting:
$1.87 Sentiment: Hold Disclosure: Held
