GXY 0.00% $5.28 galaxy resources limited

It is reassuring that the plant is producing now.The board and...

  1. 22,350 Posts.
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    It is reassuring that the plant is producing now.

    The board and management, however, have put the cart before the horse by
    announcing the Lit 1 takeover & cap rise before announcing the first sale
    of li Carbonate.

    IMO had the Li carbonate sale been announced before the Lit 1 deal, then we
    could reasonable expect a SP of $1+ now. I lieu of this, we should now expect
    performance and no more fancy deals. We simply need sales with
    a money in the till. We dont want the biggest Li company in the world; we simply want the most profitable one. Retail investors need profit now and not in 20 year's time.

    We employ management to manage; not to be the victims of poor timing.

    With kind regards
    Moorookamick
 
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