GXY
Click for more information
0.00% $5.28 galaxy resources limited

Posco funds $271 million for project development Yet $84.5...

  1. colinchi
    8,033 Posts.
    lightbulb Created with Sketch. 566
    clock Created with Sketch.
    28/02/19
    14:32
    Post #: 37604523
    Posco funds $271 million for project development

    Yet $84.5 million TAX
    67.3 to be paid in May
    Net proceeds $195 million
    Misleading at its worst.

    How about some posters admitting they were wrong
    on how much cash was left after tax.
    I got it wrong and I know a lot more were
    a lot further off the mark than I.

    Whiskey
    When you are burning cash you are hardly making a profit

    Cheers
    Last edited by colinchi: 28/02/19
    GXY Price at posting: $2.16 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 1  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AVH Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
right-arrow Created with Sketch.
WCN White Cliff wraps up Canadian fieldwork programs – 'visually confirming' a slew of minerals
right-arrow Created with Sketch.
MND Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
right-arrow Created with Sketch.
POL Polymetals finalises acquisition of Endeavor silver-lead-zinc mine in NSW's Cobar Basin
right-arrow Created with Sketch.
STX Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
right-arrow Created with Sketch.
MAG Magmatic defines 6km copper trend with grades of up to 6.5% at NSW prospect
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.