GXY 0.00% $5.28 galaxy resources limited

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

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  1. 8,745 Posts.
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    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.
 
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