GXY 0.00% $5.28 galaxy resources limited

Confidentiality helps to protect Talison's negotiation prowess....

  1. 141 Posts.
    Confidentiality helps to protect Talison's negotiation prowess. It's not up to Galaxy Resources to dictate those terms.

    That aside, what it all comes down to for Galaxy Resources is.. the balance sheet & most importantly

    Operating costs vs Sales

    Whether investors want to recognize this or not.. Galaxy has significantly reduced their operating costs by acquiring Spodumene from Talison. The net profit will therefore be greater than if Mt. Cattlin were to reopen.


    Profit in the balance sheet is all I care about.

    Good for them, I say

 
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