@treefeed The ECE funds were orchestrated in order to fast-track Sal de Vida. Galaxy doesn't need a whopping $66 million to bridge the gap with ongoing production.
Galaxy simply needs to focus on the current operational ramp up. -Convert all technical sale clients -> Battery grade sales
THEN, reopen Cattlin (This summer) to continue the supply demand.
With money rolling in, they will be much better positioned to *BORROW funds in order to conduct business @ the Sal de Vida project... without diluting the shareholders value.
I hated the ECE deal when I first heard it, and I still hate it to this day. I want Galaxy to be stable before conducting ANOTHER construction project.
GXY Price at posting:
13.6¢ Sentiment: ST Buy Disclosure: Held
