GXY 0.00% $5.28 galaxy resources limited

I couldn't resist. Sorry who is paying the prepayment? GXY have...

  1. 1,525 Posts.
    lightbulb Created with Sketch. 57
    I couldn't resist. Sorry who is paying the prepayment? GXY have already sold all of 2017's production, at a market leading price (hint: no discount for prepayment). If there was going to be a prepayment it would've been negotiated with the sale and pricing, in my opinion, of course.

    Perhaps your thinking 2018 production might be sold now, and you'll get a prepayment - not sure it would be a good idea for GXY, who may get a higher price closer to the event.
 
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.