GXY 0.00% $5.28 galaxy resources limited

Ann: Quarterly Activities and Cashflow Report - D, page-2

  1. 74 Posts.
    re: Ann: Quarterly Activities and Cashflow Re... Excellent summary. It is amazing that the share price has remained repressed for this long.

    The following paragraph says it all:
    "In 2012, Galaxy will be the only new entrant and the highest producer of high purity battery-grade lithium carbonate. Amid potentially tight supply and demand conditions, the Company's timing of entry is opportune." (page 3)

    Also regarding the battery project, "the output upgrade would increase the net present value (NPV) of the project to $365 million from $187 million previous forecast". Remember this is just the battery project. This review highlights the extent of GXY's operations...

    Should be a good day when the market wakes up, maybe today. Good luck all.
 
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