GXY 0.00% $5.28 galaxy resources limited

Ann: Investor Presentation - Q2 2017, page-23

  1. vmp
    13,174 Posts.
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    MC produces A$100m free cash flow not $60m unless the latter is USD60m which is fairly close.
    A 1% dividend will be ridiculed and will drive the sp further down. But declare a biggie, who knows? It might bait holders/big investors. A higher SP will then cause less dilution to raise money. Instead of using debt, use more equity. Debt if massive has been proved as very risky, it almost sent Gxy bankrupt. Easier to dictate the tempo with less debt. It's a decision whether to use more debt or equity to progress Jb and SDV. Not sure what they're thinking, there's pros and cons of both strategies, it's about setting the levers right. Even the consolidation which many of us supported backfired spectacularly to our face. Hence I'm throwing extreme ideas here to attract management attention. Don't believe AT and team has all the expertise. They make mistakes too. They're just people like us.
    Cheers
    Last edited by vmp: 18/07/17
 
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