GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-13150

  1. 4,753 Posts.
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    Yeah agreed, it will take at least 3 years to produce.

    Push ahead with development of SDV in anticipation of higher demand/prices

    Ok we blow $300 million+ developing it, we'll have no cash, & maybe a bit of debt.

    But what do we have? A massive, highly valuable asset sitting there ready to go. If things get out of control & the Lithium market still hasn't recovered by then by all means shut down Mt C, put her on C&M, & just pump product out of SDV.

    It's easy to be a back seat driver but, SDV is by far our biggest asset & it needs to be developed or our SP will go no where.
    Last edited by ProCapitalism: 04/01/20
 
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