GXY 0.00% $5.28 galaxy resources limited

Ann: Trading Halt, page-234

  1. 4,845 Posts.
    lightbulb Created with Sketch. 1558
    Im still way ahead on this. And when I sell it will be less a nice tax discount. You go ahead with your trading and your need to downramp just to make any money. Don't worry about me, I'm doing fine.

    FYI, I didn't make any claims of a $4.87 open. I said nothing to indicate that at all.

    I know you lack any real research before you post, so I will help you out. The last announcement told us that the Mt Cattlin (note the spelling) improved recovery upgrades are being used NOW and that we will have an update of the improved percentage, aiming around 75% once completed. That should do wonders for our CAPEX. Also keep in mind that we now have the CASH to develop SDV, with the LOWEST COST production without ever earning another cent.

    That's why we Longs are here, SDV. Mt Cattlin is the cash cow that makes it possible.

    Add to that our FIVE year offtake agreements in place, so I don't think we will have much issue selling the Mt Cattlin product anyway.

    Take your poorly researched fear mongering elsewhere.
    Last edited by Subs: 28/08/18
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.