GXY
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0.00% $5.28 galaxy resources limited

Well they reduced debt by selling Jiangsin mine to $19 mill and...

  1. denisd
    252 Posts.
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    07/01/16
    09:14
    Post #: 16745258
    Well they reduced debt by selling Jiangsin mine to $19 mill and they have 100 % offtake agreement
    with Mitsubishi who will sell product in Asia

    They expect to start shipments in April I believe

    I have someone who is in the know of their shipment program and will be getting into this stock
    soon ..only realised this potential recently (unfortunately)

    Rgds
    denisd
    GXY Price at posting: 14.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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