GXY 0.00% $5.28 galaxy resources limited

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  1. 1,984 Posts.
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    So we have record production for the most modern lithium carbonate plant in asia - a CR that as well as diluting us has garaunteed our short to medium term financing, a great asset in Sal de Vida - and yet we struggle to get to 10c per share! We have less than $200M in debt - which will be totally manageable as long as Jinagsu gets to around 80% nameplate. If we do a deal with a whale with SdV the debt will look like small change. If we can then sell James Bay the company will look decidedly fantastic. This is all assuming the USA comes back like it always has, and China doesn't fall into a depression. I like our odds. I'm all in.
 
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Currently unlisted public company.

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