GXY
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0.00% $5.28 galaxy resources limited

now i know

  1. Lenni2001
    1,258 Posts.
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    07/12/07
    17:43
    Post #: 3090490
    why management hasn't used the 30-40 Mt guestimate since 24/4/2007 *lol*

    12.3 Mt is sort of disappointing but Mt. Cattlin still could be a profitable operation. According to my calculation model and based on 78mA$ revenues the operating profit could be in a range between 38-48mA$ (at current market prices and taking the relatively simple mining method into account).

    Lenni
    GXY Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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