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$5.28 galaxy resources limited

Banter and General Comments, page-11377

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maxybro

2,702 Posts.

475

12/12/19

22:35

Post #: 41943079
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Originally posted by asb83: ↑

And what a great play toy it has been. It is certainly my favourite toy. If there's a room full of toys, GXY is the standout go to for a number of reasons.. Mt Dudlin - results speak for themselves. Poor management team - look at history. Second/third-tier assets. Money will be drying up fast over the coming 48 months and once dried up won't be making much money with the current price of lithium - certainly couldn't justify a $400m valuation with pip squeak in the bank and rattling the tin for more money to fund further stages of SDV.. That's before you even look at JB which, IMO, could be a good tax write-off for the company given that I don't think it will ever see the light of day. But hey, someone on here about 12 months ago repeatedly posted every few days for a period of time that it's worth $8/share to the company.. obviously some fantasy numbers and arithmetic were used to come up with that figure

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James Bay worth $8 per share LOL the things you read here.
A bit like $1B in earnings

GXY Price at posting: 86.0¢ Sentiment: None Disclosure: Held
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