Yep. I like it.
This is a good blue print for one hell of a year coming up
as Galaxy finally gets it's sheet together, and it's ducks in a row.
I note that GXY plan to keep $30m wiggle room with the new loan restructure.
Handy amount - SDV test plant is $30m and it would be good to see some Q1 progress there.
8kt target set for Primero by end of November is a good indication of the advanced stage of the mine upgrades at this point, and how close we are to trucking a first batch off to port.
Today was pretty damn good.
This may have been the Good Monday that I was hoping to see to set up a sustained rally back to pre-Shortsville.
I'd almost forgotten what Galaxy feels like without dragging the short dumpers.
If holders can learn a bit of patience, see today as just a taste and starve the covering of easy supply then we'll get a good look at what 50m shares worth of short covering looks like.
There is every chance we could ride this wave to a new high by Xmas.
ORE and PLS have had their turn and they're not quite turning the same major corner as we are, transitioning from down-trodden spec into producer and price setter.
Good luck everyone
GXY Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held