GXY
Click for more information
0.00% $5.28 galaxy resources limited

Ann: Quarterly Report - June 2018, page-13

  1. ljcamp
    2,774 Posts.
    lightbulb Created with Sketch. 2512
    clock Created with Sketch.
    16/07/18
    19:39
    Post #: 34376583
    By Dec18:
    $183m cash + posco $378m =Au$561m

    Or $1.38 per share in cash alone!

    Assume sale to posco is done- The market is currently valuing galaxy’s 3 assets at $732m market cap. With one of these assets producing Au$135m pa!!!

    Again, I’m buying more tomorrow.

    Good luck.
    GXY Price at posting: $3.18 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 32  Upvote
    lightbulb Created with Sketch. 1  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

BHP BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning
right-arrow Created with Sketch.
NEWS Hillcrest Energy Unveils Power Factor Correction Prototype to Meet Growing Demand
right-arrow Created with Sketch.
SKS SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
right-arrow Created with Sketch.
TX3 Canadian fieldwork yields multiple pegmatites for Trinex
right-arrow Created with Sketch.
OBM Ora Banda sees FY26 gold output jumping to 150Koz/pa following key approval for Sand King
right-arrow Created with Sketch.
NEWS What matters for FY25: Investment; interest rates; inflation & elections
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.