GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-20896

  1. 385 Posts.
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    James Bay - Average annual production of 330ktpa of spodumene concentrate with an ~18-year mine life, and Cash operating costs (FOB Montreal) of US$290 per tonne of concentrate. What with the price of Spodumene being approximatelyUS$1,300/t really looking forward to the updated financials for James Bay. Together with Mt Cattlin they will be earning over 1/2 billion US a year, then factor in SaldeVida 30,000t/year of battery grade @ approximatelyUS$18,000/t for battery grade lithium hydroxide. That is just the Galaxy side of the equation then add in Orocobre and you have a gigantic money making machine. It is certainly looking positive for future share appreciation.
    PS More than happy to be corrected on my figures, and if someone could do up a spreadsheet showing each of the operations and anticipated income that would be good.
    Cheers
 
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