GXY 0.00% $5.28 galaxy resources limited

Fall in the Share Price, page-43

  1. 269 Posts.
    I'm sure it's coming. The whole merger is not just something that happens. They have had their hands full. Now that it's behind them they should be able to address the market and get rid of all the open concerns. We should have. Good idea of what first shipment will be and how much lithium they expect to get out this year and how long it will take to get to name plate production. Cannacord really didn't give a very bullish outlook on all of that. I think that is hurting us more than anything. They had lots of tailings already so there should be a sizable amount to deliver in August and only getting better in the coming months. If it's only 6-7 months to nameplate that will be awesome. That would mean Galaxy is cash flow positive in Q1 17 and a nice net revenue for Q2 17. That would make Mt. Cattlin alone worth almost $1 a share. Just the value of SDV should be $.50.
 
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