GXY 0.00% $5.28 galaxy resources limited

From now on all future shipments will have juicy margin. If...

  1. 495 Posts.
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    From now on all future shipments will have juicy margin.
    If everything goes to plan and production cash cost should reduce to at least around US 350 per ton :
    15,000 ton per month x US ($ 905 - $350) = US $8.325 million per month net profit
    US $8.325 x 12 months = US $99.90 million per annum / .75 = AUS $133.0 million.
    Apply conservatively 10 times earning ratio , the share price based on MC alone should be $.70 per share before end of the year.
    SDV is a wildcard and worth even more due to its low cost production all depending on the development options with or without strategic partner, funding options and likely programme timeline.
    JB will be icing on the cake if proceed in the big way next year.
    Happy days ahead for long term holders, forget about all the shorting hubris and games being played by the the big boys for the last few months, eventually GXY will come good based on world demand for lithium, solid management team, good spread of assets and right timing.
 
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Currently unlisted public company.

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