GXY 0.00% $5.28 galaxy resources limited

Ann: Corporate Presentation - James Bay Development Plan, page-8

  1. 7,829 Posts.
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    Doing a bit of catching up and as usual everything looks pretty on paper but you have to read it in context with what is reasoning/reasonable. imo

    Now unless I'm reading it wrong
    Development Capital......... ranges from 170m to 320m ?
    and same percentage applies for Cash O. Costs

    ................hell of a range.(+/- 30%)

    "Financial Summary

    US$244 million Development capital (+/- 30%)

    US$ 290/ tonne Cash operating costs FOB Montreal (+/- 30%)"

    More fairy floss

    #" Discussions are underway with a number of well-advanced prospective producers and release of the PEA will accelerate negotiations to the next stage

    #"In parallel, Galaxy will
    advance product decisions and offtake/partnering choices for the Sal de Vida project"

    The next stage ............do you get it? The next stage, how many stages are there ?. lol

    SDV has seen never ending stages.......................... probably more than Dame Nellie Melba has .! lol

    One thing that is real is having a disclaimer at the top of the page. lol Used to be at the bottom didn't it.

    We GXY shareholders have been taken for one hell of an investment ride, I've only been on it for a couple of years now !!!!!!!!!!!!!!
    and I now just skim over any release, as does the Market imo


    Its a long way to the top if you want to rock and roll with Galaxy.

    Its all about timing.
    The Sector doesn't wait for GXY to catchup!

    Md


    Last edited by Metalduster: 31/03/21
 
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