GXY doesn't need debt funding unlike pretty much every other spodumene player. Thats why the others have higher costs.
My $0.02, AJM is the most marginal and likely first to be bought out - they would be struggling to pay off any debt at $600/t -huge debt at high interest and due to the high debt load relative to their market cap, they will struggle to get better finance terms.
GXY doesn't need debt funding unlike pretty much every other...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)