GXY 0.00% $5.28 galaxy resources limited

First stocks! Chose GXY.., page-17

  1. 2,768 Posts.
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    With the figures I've worked with, most of them conservative, FAIR share value with all projects operational (Note: a lot of things have to go _right_ for that to happen..) We are talking years here (probably at least 3.5-4.5 years or so) also...

    Is between $2.50 - $3.50 AUD

    Now you can add 10-15% speculative value to that, and I'm very happy to be proven wrong to the upside. This is also based around current Lithium pricing, and I don't see that shortage ending for a few more years yet.

    The share has moved out of that heavy early growth stage, but if you're holding for the longer term and don't mind those sorts of returns, I'd say, stay in..

    There are plans long term to expand SdV much larger if required too.. 380 square kilometers of potential resource you can see from space there...

    At some point, once there is no need to draw down / service a lot of debt, the stock will begin to pay a dividend also.

    AA people. DYOR thanks.
    Last edited by shades2: 13/07/16
 
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Currently unlisted public company.

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