GXY 0.00% $5.28 galaxy resources limited

Ann: Quarterly Activities Report - June 2019, page-199

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  1. 8,741 Posts.
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    1) the pace we're going through cash
    Can you provide a run down of that?

    2) our investments in other businesses (still no clear comm about the strategy)

    The company explained this at the AGM, didn't you listen to the recording. Given the quality wasn't great but it's possible to hear everything said. Go listen to it and tell us what they said.

    3) all the money we need to develop our assets

    Do you know how much direct extraction will cost to construct?
    Isn't the company shipping and making money of any use to that cause?
    There are designs that I have seen not galaxy specific that allow a concentrator to be produced in a factory and delivered to site at very favorable pricing.

    4) lithium prices still depressed and gloom demand

    Did you not read the last part of the announcement yesterday. It's talking EV adoption increases YOY of 30% right up to 70%

    5) noone interested in partnering in SDV at "proper value"

    The company has said it will go it alone and the plan was always modular.

    6) ...


    @bilulu I don't know if I can take you seriously. It's like you're lack of research effort is sitting on Hot Copper making stupid statements like the above. Honestly bud, you're your own worst enemy. Put down the keyboard seriously.
 
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