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$5.28 galaxy resources limited

Hi Gareth - firstly thanks for continuing to post your quarterly...

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INVESTA33

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26/07/20

09:52

Post #: 46069604
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Originally posted by GARETH78: ↑

To stop the cash bleed they have to hit the cost of production really hard, and hopefully we see at least a small rise in pricing. A combination of the two could at least get Mt C to break even.

When Simon was discussing pricing in the call he slips it in really quick that his high $300's pricing is CIF.

The variance between cost of production plus Royalties and Marketing and selling CIF is maybe greater than some appreciate.

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Hi Gareth - firstly thanks for continuing to post your quarterly estimates - much appreciated.
The info you were chasing on the possible taxation benefit of purchasing the fixed rate note is at 8m 37s in (Full Year 2019 Results Conference Call)

http://www.openbriefing.com/OB/Galaxy-Resources-Limited/2020/2/21/Full-Year-2019-Results-Conference-Call/3709.aspx

Cheers

GXY Price at posting: $1.10 Sentiment: Hold Disclosure: Held
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