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0.00% $5.28 galaxy resources limited

re: Ann: Quarterly Activities and Cashlow Rep... Talison has...

  1. luto314
    42 Posts.
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    30/04/12
    15:49
    Post #: 10109330
    re: Ann: Quarterly Activities and Cashlow Rep... Talison has been able to sell at USD350 per ton. If this is the level Galaxy can sell, then cash inflow will be about 9.6million for the 27500 tons of concentrate sold.

    Cashflow wise this is not bad (makes the 3m SPP offer look funny). However this is sold at a gross loss and the story behind is that Jiangsu plant will take some time to ramp up.
    GXY Price at posting: 23.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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