GXY galaxy resources limited

GXY doesn't have too much debt as long as they can ramp up...

  1. 2,049 Posts.
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    GXY doesn't have too much debt as long as they can ramp up revenue now. Sure, it's not sailing in clear blue skies - but with this injection of cash they have a good chance of surviving until Jiangsu can stand alone. Then they have to either sell SdV for hundreds of millions or get a JV and develop it asap. We have been lucky that interest rates around the world have remained so low - otherwise....
 
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Currently unlisted public company.

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