GXY
Click for more information
0.00% $5.28 galaxy resources limited

No, the administrators sold the stock pile.There is an update...

  1. GARETH78
    8,317 Posts.
    lightbulb Created with Sketch. 2950
    clock Created with Sketch.
    11/08/20
    16:23
    Post #: 46459596
    No, the administrators sold the stock pile.

    There is an update for shareholders on the A40 announcements. Below is an excerpt.

    The small creditors were right royally screwed over by Korda Mentha. Unlikely FIRB will approve considering they wouldn't let AVZ sell a stake in the company, with a potential mine in Mozambique!



    https://hotcopper.com.au/data/attachments/2371/2371582-8be7fcc5cef16e895d6e909a0bc834d4.jpg

    Last edited by GARETH78: 11/08/20
    GXY Price at posting: $1.24 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Antler Copper Project hits major permitting milestone – air quality permit advances to final review
right-arrow Created with Sketch.
NEWS High-grade drill results confirm extension at Paddy’s Lodes—reinforcing significant discovery and growth potential at Youanmi Gold Project
right-arrow Created with Sketch.
NEWS Step out drilling confirms high-grade cobalt & associated copper at Bald Hill
right-arrow Created with Sketch.
NEWS Significant shallow gold intersections at Tambourah King reveal potential extensions to the lode gold system, with promising RC drill results and more assays pending
right-arrow Created with Sketch.
LU7 Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
right-arrow Created with Sketch.
NEWS Waroona Project financing strategy aims for non-dilutive funding solutions - discover how this approach will support its Stage One development
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.