GXY 0.00% $5.28 galaxy resources limited

@treefeed The ECE funds were orchestrated in order to fast-track...

  1. 141 Posts.
    @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.
 
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