GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-12078

  1. 200 Posts.
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    Many thanks for the response Gareth - I hope to better engage in the 'cash burn' conversation once I have run some more numbers. Always makes it tough to make estimation when the qtrly's do not show receipts/debtors so I'm working backwards with the shipped tonnes and incorporating the knowledge from the conference call of expected receipts of 10 to 11M US . My early call is that next qtrly should be respectable but I am equally focused on the March result which may not be so pretty .
    Also when we are working on cash burn calcs it is important to ignore the 22.5M reduction in cash balance for the Alita investment - its a one off and hopefully never repeated.

    Cheers
 
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