“JP Morgan Australia process for potential strategic partnerships for Sal de Vida well progressed, with site visits completed and binding bids scheduled in early November from shortlisted bidders.”
“US$280 million less closing adjustments transferred by POSCO into HSBC escrow account.”
“An updated resource and reserve estimate for Mt Cattlin is expected early in Q1, 2019.”
“
The Company has so far shortlisted several potential investors, who have advanced through to the next stage of evaluation and project due diligence including site visits. Galaxy is targeting the announcement of a fully documented binding transaction before the end of 2018.”
“update of the feasibility study was completed during the June quarter. As required by the Canadian Securities Institute rules, a NI 43-101 technical document is currently being finalized for release in Q4.”
Ann: Quarterly Report - September 2018, page-14
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