GXY
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0.00% $5.28 galaxy resources limited

Macq Bank upgrades $GXY, page-43

  1. binwood
    9,063 Posts.
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    20/06/17
    12:38
    Post #: 25378557
    No you will get 2017 contract prices for half of FY18 and 2018 contract prices for half the year. Given it is looking like 2018 contract prices might be higher than 2017 and GXY should have further improved recoveries and hence deliver more product in H2FY18 then it is an ignorant statement by Macquarie. Weighted average sale price should be higher than 2017 contract prices.
    GXY Price at posting: $1.71 Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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