GXY 0.00% $5.28 galaxy resources limited

Brokers Valuation Reports, page-9

  1. 1,966 Posts.
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    Mt Cattlin has 25 years of mine life but GXY also drilling north side tenement with 20% ownership & 8o% held by Traka. They've also applied permit for three more tenements in South of Mt Cattlin.

    As per above UBS report page 3 under Company Description, Sal de Vida construction is due to start soon by CY 2017 and will take ~2.5 years to complete, so we would be looking commercial production in mid 2020.

    Pls correct if I'm wrong!
 
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Currently unlisted public company.

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