GXY
Click for more information
0.00% $5.28 galaxy resources limited

SQM announced that the LCE may be 25% lower in the last qtr of...

  1. sensible123
    495 Posts.
    lightbulb Created with Sketch. 60
    clock Created with Sketch.
    24/05/19
    19:18
    Post #: 38736219
    SQM announced that the LCE may be 25% lower in the last qtr of 2019 than the previous qtr.
    Why GXY share price got hammer big time today as the 2019 or 2020 pricing got no material impact on GXY.
    Fundamentally nothing has changed for GXY - still working towards producing around 2022 and keep improving / reducing the production cost at MC and keep progressing James bay. And importantly has a lot of cash in hand
    Is this just the typical herd mentality by the masses including the like of Motley Fool.

    GXY Price at posting: $1.57 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

JGH Jade's strong gas exploration results another step towards Mongolian development
right-arrow Created with Sketch.
BOT US FDA approves Botanix Pharma's excessive underarm sweat drug
right-arrow Created with Sketch.
FHE Frontier Energy achieves key milestone for Waroona energy project
right-arrow Created with Sketch.
NEWS From the Floor: Perth conference highlights
right-arrow Created with Sketch.
GWR Scoping study and Phase 2 drilling progress Prospect Ridge magnesium play for GWR
right-arrow Created with Sketch.
WAF West African Resources draws final US$100M from Sprott-backed loan for gold plant
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.