GXY 0.00% $5.28 galaxy resources limited

Ann: Annual Report 2018, page-8

  1. 13,697 Posts.
    lightbulb Created with Sketch. 8306
    Hmmm...

    75ktpa LCE from JB (with downstream converter) and SDV in say 5 years...

    At say $5000/t margin

    = $375m earnings per year

    At say $10,000/t margin

    = $750m earnings per year

    My guess is $500m earnings per year within 5 years.

    Should put the market cap at $5b+

    Share price $10+

    Just like we've been saying for a while now.

    It takes time, but we are slowly getting there.

    Ask yourself - if this plays out, is the current price a steal or what?!

    DYOR
 
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