GXY 0.00% $5.28 galaxy resources limited

Interesting doing the numbers on that. 52 weeks / 3 weeks = 17.3...

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    Interesting doing the numbers on that.

    52 weeks / 3 weeks = 17.3 shipments per annum.

    17.3 shipments multiplied by 14,000 tonnes is annual production of around 240,000 tonnes.

    At US$860 minimum that's US$206 million per annum.

    And that's before we find out about the 2018 pricing.

    BTW another interesting thing us that in Australian dollars that would be the equivalent of around $260 million per annum.

    @Bikida I think @happydayz was trying to say that the spot price was fetching $37 per kilogram, which would make it $37,000 per tonne.
 
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