GXY 0.00% $5.28 galaxy resources limited

ann: june q report out

  1. 12,607 Posts.
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    more unpleasant stuff in Q report:

    read section on Jiangsu and more Chinese brine producers coming on-line as well as prices for technical grade and to a lesser extend battery grade dropping - demand is seen as weakening for the moment

    9 mill cash burn for the Q

    ridiculous

    sales: 5,892,000
    prod cost: 4,650,000

    admin: 4,414,000 - kidding right ???????

    interest and other cost of finance paid: 4,414,000



 
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