GXY 0.00% $5.28 galaxy resources limited

https://www.********.au/2020/01/14/asx-lithium-shares-soar-on-tes...

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    https://www.********.au/2020/01/14/asx-lithium-shares-soar-on-tesla-optimism-is-it-time-to-buy/

    From the fool

    "I believe Galaxy Resources is the best positioned producer given its tier one mine Mt Cattlin, which is a stable and reliable operation that is currently viewed as one of the lowest cost spodumene producers in the world. The company has the capability to swiftly and efficiently ramp up production should market conditions materially improve. Its strong cash position of $248.1 million as of 18 November 2019 also allows the company to maintain a healthy balance sheet should weaker market conditions persist."
    Last edited by Drapa: 14/01/20
 
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Currently unlisted public company.

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