GXY 0.00% $5.28 galaxy resources limited

Ann: Quarterly Reports - March 2016-GXY.AX, page-94

  1. 1,658 Posts.
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    My personal favourite things about NMT

    - Releasing an announcement to correct something someone said on talk-back radio.

    - Selling off a large part of their mine's equity down to 26% for less than a shipment's payment and giving 2c to the share-holders in return. What??

    - Planning to sell off another percentage to MIN by the end of the year to leave them with a miniscule 13% equity in "their" operating lithium mine. Learning nothing in the process about how to build, operate or manage a lithium mining business.

    - Running a business where Ganfeng can decide what is fair to pay for the product.

    No thanks.
    NMT approach the lithium business like a bunch of short-term day-traders.
    I'll stick with GXY's plans.
 
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