GXY 0.00% $5.28 galaxy resources limited

Agreed Sachz but even though GXY is the best LI on the ASX by...

  1. 932 Posts.
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    Agreed Sachz but even though GXY is the best LI on the ASX by far, the demand dynamic makes just about every near term producer a no brainer and that is why I own a few.

    More importantly for us an announcement about moving forward about SDV should blow the shackles away and move this toward the right price which I have at around $1.50 prior to any production at JB or SDV.

    If demand is likely to be so strong and it will be IMO, the current price for GXY with access to revenue to allow AT to debt fund and or JV the other projects and be in production prior to 2020 will make us a power house.

    I have no doubt that this is still value and a mate put 100k in yesterday at 66. He looked a little sick this morning though but he wouldn't listen at 16 or 28 or 32!

    Funny that some need to see the market agree before they invest which is why I suppose why mcwank bank still has customers.
    Last edited by Pizzas4: 16/01/17
 
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