GXY
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0.00% $5.28 galaxy resources limited

Ann: Half Yearly Report and Accounts - 30 June 2014, page-22

  1. Thesi
    8,739 Posts.
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    15/09/14
    07:00
    Post #: 13973136
    If Galaxy have a 12 million dollar deposit, why are they drawing down on a 30 million dollar loan facility from the same company they are selling too. That's 42 million in a few months. There won't be anything left to be cash positive.

    Another thing is Andrew Meloncelli regularly gets on hot copper and is a big fan. I wonder which one of you are him.
    GXY Price at posting: 5.5¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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