GXY 0.00% $5.28 galaxy resources limited

Ann: Quarterly Reports - December 2017, page-20

  1. 7,950 Posts.
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    While I am happy overall I am certainly not happy about average production costs rising and the way it was explained.

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    Higher volumes of crushing lead to an overall total increase in $ but that should not lead to a higher average cost increase. Usual econmies of scale would dictate that as you mine more and your processes are bedded in, your costs should go down.

    Poorly worded and hopefully an area that they can focus on to reduce costs.
 
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