GXY 0.00% $5.28 galaxy resources limited

New Lithium Related Article, page-2644

  1. 5,813 Posts.
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    What the company says and what is reality have proven over time to not align. The company says JB will be pumping out ~320ktpa spod within 5 years. Give me a break. How's it going to be funded for a start? No one is going to fund it at the moment. PLS took 4 years from first breaking earth to commerical production status and over 5 years to get to 300ktpa. That was considered a feat in itself. JB doesn't even have permits yet and has less than 5 years and ticking down as per management's own timeline. I think we need to be more realistic. Have management not heard of under promising and over delivering? History shows they have a tendency to over promise and under deliver. Management have a responsibility to provide accurate information and not fantasies.
 
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