GXY 0.00% $5.28 galaxy resources limited

Ann: Becoming a substantial holder from MUFG, page-31

  1. 13,733 Posts.
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    You cannot be serious.
    We'll get the POSCO funds then most brine plays take 7 years..?!?
    Firstly, we are not most brine plays, secondly, tell me about all the new brine plays that have come online in the last 10 or 20 years. Thirdly, we are not at the stage of kicking some rocks and thinking this might be a good spot for a mine; what do you think has been happening out there on the salar for the past couple of years?! What is the company's guidance on production timing? 2023-2025? No.
    JB will come later from cashflow..? Really? Glad you know the strategy. Maybe it will come sooner due to an off-take or JV?
    We are not going to be sitting on our hands while the lithium demand skyrockets.

    You are obviously taking a very simplistic and negative approach in your analysis and assessments. Good luck.
 
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