GXY
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0.00% $5.28 galaxy resources limited

At 2.40 the whole company is valued around $480mil. Producing...

  1. regal
    596 Posts.
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    19/09/18
    10:49
    Post #: 35692271
    At 2.40 the whole company is valued around $480mil. Producing 230kt/year at $488/t net profit or $155.5mil aud annually, the SP is meaningless. That's why my holding just got bigger again. Which other asx lithium miner is shipping 15kt per month currently? None.
    Ausbil is part of NY life. Revenue is $550bil/ year. They bought 9% of gxy for a reason. Its undervalued. MS has been shorting, their total market cap is $90bil. My money is on Ausbil winning. The highest return on an investment is one with the least risk. Think about it.
    GXY Price at posting: $2.44 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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