My excel spreadsheet had GXY's fair value at 80c based on an assumed price of 600USD per tonne, at a conservative 120,000 per year.
Now that it is going to be closer to $905 my excel spreadsheet values it at $1.17. That is a 45% increase in value.
interesting that GXY has only gone up about 10% since the announcement.
Given this announcement increased my valuation by 45%, I should think that the share price should go up 45% over the coming month as everyone else prices it in (so all other things being equal, 65c is looking likely). Once the market truely wakes up, $1.17 is the number, in my view.
- Forums
- ASX - By Stock
- Ann: Galaxy Confirms Lithium Concentrate Pricing for CY2017
My excel spreadsheet had GXY's fair value at 80c based on an...
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online