GXY 0.00% $5.28 galaxy resources limited

James Bay, page-21

  1. 1,800 Posts.
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    Hi All,
    Great to see optimism and good discussion return to H.C. I think that the AGM gave us more hints by saying less. I was particularly interested in the lack of SDV chest beating but have my own thoughts on this.
    Here is my 2 cents worth on a business plan to unlock maximum value.
    1. Get a mine returning a proven profit to legitimise intrinsic value.
    2. Consolidate shares to make company more relevant to investment community.
    3. Find a partner for SDV at say 35% and de risk the mine against political change by becoming free carried. I believe our new board members are in hot discussions hence less is more. This unlocks intrinsic value and will accelerate share price to +$5.
    3. Use rerating to go to the market with 100 million shares at $4-5 to fully funding James Bay and maybe a converter. Another rerating with our company now potentially producing +$700 million a year of revenue.
    $700 mil X 10 = 7 billion company / 500 million shares = $14 per share.
    My guess would be a share price north of $10 by Christmas 2018

    Pure speculation on my part but confident enough to invest accordingly.

    Please DYOR and GLTAH. Go Galaxy..
 
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