GXY 0.00% $5.28 galaxy resources limited

Ann: Quarterly Activities Report - September 2019, page-6

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  1. 3,156 Posts.
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    This headline slightly buried.
    The review is nearing completion and the expected outcome for 2020 is that mining operations will be scaled back with material minedto be reduced by approximately 40%. Stockpiled ore will be co-treated, through the implementation of the ore sorters, enablingconcentrate production to be maintained at approximately 75% of the current rate.Cost reduction initiatives will continue to be a major focus area at Mt Cattlin.

    Interesting. More cost reduction also.
 
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