This is essential reading for GXY holders. Forget the quarterly, the Canadians have higher standards than us.
A couple of lines that stood out to me...
Total liabilities: $148 million
Receipts from customers: $0
Recommend you read all the notes also particularly 1e :
"Based on present forecasts, the directors of Galaxy consider that Galaxy has sufficient undrawn facilities together with access to funding through potential additional equity raisings to complete the commissioning and ramp up of the Jiangsu Plant and continue as a going concern."
Yeah, no kidding.
GXY Price at posting:
16.3¢ Sentiment: Sell Disclosure: Not Held