GXY 0.00% $5.28 galaxy resources limited

Ann: Quarterly Reports - June 2017, page-6

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  1. 2,693 Posts.
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    With a new crusher package or upgrades to existing coming we could possibly even see a greater jump in the quarters after that. Personally a third party contractor would be best when margins are this high. Better to ramp production quickly to take advantage of the high prices than shutdown production for upgrades. 50% profit margin wow, we get like 20-30% on oil and almost nada on gas (I.e. Santos glng) once asset costs have to be paid off. It's fantastic ramp away.
 
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