GXY 0.00% $5.28 galaxy resources limited

General: Share Price, Trades and chart related discussions, page-1617

  1. 8,740 Posts.
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    Pondering the thought as to if Anthony is responsible has me remembering that it was GMM which was managing Mt Cattlin and Michael Fotios who is now one of if not the largest holder was responsible for bringing it back to production.

    Somewhere along the way the idea of managing the business got tossed aside and the focus turned to a merger for which no benefit has since been realised.

    Should Anthony Tse be responsible for Mt Cattlin when essentially Galaxy Resources was a silent partner to that project and was more interested in progressing Sal De Vida.

    If the lines were still drawn it would be General Mining's switchboard ringing off the hook and Michael Jardine at his wits end.

    Has anyone reviewed the agreement between Galaxy and General Mining?

    It appears that General Mining didn't full fill it's side of the agreement and should have been cut.

    And now the stock has all of these shares which Martin Rowley said at the AGM he would like to consolidate.

    Reality is they are all just a piece of the same pie, though maybe the stock is more volatile.

    It is a concern as @shades2 pointed out that Galaxy may exit the ASX 200 on the next rebalance. How many stocks can hold that claim to fame?
    Last edited by Thesi: 24/09/16
 
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