GXY 0.00% $5.28 galaxy resources limited

Ann: Corporate Strategy and Projects Update, page-25

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    This, (below) shows the versatility of Galaxy, as it sails through the seas of travesty, (current low Lithium prices) and sustains a positive cash margin as well as to be ready to spring out into action when the market requires!


    "GALAXY CORPORATE STRATEGY AND PROJECTS UPDATE

    In 2020, Galaxy will implement a lower activity mine plan focused on reducing volumes and costs to maintain positive cash margins and preserving resource life. Production and existing inventory will be sufficient to satisfy contracted commitments and additional product demand in 2020. Production can be ramped up swiftly and efficiently should market conditions materially improve."

    Reference -

    GALAXY RESOURCES. (18-11-2019) GALAXY CORPORATE STRATEGY AND PROJECTS UPDATE p. 2
    https://hotcopper.com.au/threads/an...update.5078557/?post_id=41476132#.XdHJDdVS_Tc
 
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