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0.00% $5.28 galaxy resources limited

Ann: Galaxy Confirms Lithium Concentrate Pricing for CY2017, page-56

  1. Rlith
    340 Posts.
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    14/12/16
    10:29
    Post #: 21323306
    Ya I just fell out of my chair!

    Looking back through the reports from a Bell Potter and the others they based earnings on 120-160kt at $600-$675 That gave a net revenue of $147mAU. By that method we made $100 per tone at $600. THAT cost of production doesn't change but now we make $900!!!!!

    We just got a $300,000,000 EARNINGS increase!!! A 300% increase in earnings

    At $146 the had a $.52 price target can we times that by 3?
    GXY Price at posting: 50.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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