Do not like to play with guessing games with my shares. The Annual Report gave some details of expected revenue as detailed below.
The way I see it, the faster we get to Lithium Battery Production level the better. Look at LYC and see how they have been going with their rare earths.
Galaxy has a long way to go and I would like to see the company get all the rewards for its lithium not some other company. Selfish for sure but if you can go the distance then why not.
I believe the shares even in the current structure of the company are a lot more worth in value than what they are currently being traded for at the moment. Once the shipments start and a few other facilities are completed, the dollars will roll.
I am in this for the long term, not any short term gain.
Good luck to all holders.
Spodumene Production $1
Lithium Carbonate Production $3
Lithium Cathode Production $44
Lithium Battery Production $500
Value Add - Revenue $ per unit of Li
GXY Price at posting:
53.6¢ Sentiment: Hold Disclosure: Held
