GXY 0.00% $5.28 galaxy resources limited

Ann: Quarterly Report - March 2018, page-176

  1. 820 Posts.
    lightbulb Created with Sketch. 327
    Just in case we need to go through this again:

    - GXY made $20,000,000 in profit in Q1, 2018.

    - GXY has no debt, and $80,000,000 cash.

    - GXY has three projects, one producing and two in development. They made $20million profit in three months from one project.

    - Sal de Vida has the potential to generate total annual revenues in the region of US$215 million and operating cash flow before interest and tax of US$118 million per annum at full production rates.

    - Canaccord Genuity, the Financial Times, and a range of others have predicted big things for GXY, with Canaccord setting a $4.50 target price.

    - The potential for LPD's L-max tech to ramp up production is vast.
 
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.