GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-659

  1. 210 Posts.
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    Hi @bilulu,

    He didn't actually say it would be.

    From the quarterly report:

    "In early October, POSCO transferred US$257 million into the designated transaction escrow account at HSBC. These funds will be released to Galaxy upon receipt of the tenement transfer deeds by the Salta and Catamarca mining courts which is expected to be completed before the end of October."

    So it's expected by midnight tonight if we were to be pedantic, but the mining courts in Argentina have to do their bit and then HSBC. If there's a real problem I'm sure there will be an announcement as required. A bit like waiting 'cause "the cheque's in the mail".
 
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