GXY 0.00% $5.28 galaxy resources limited

Rumours & Speculation, page-1012

  1. 452 Posts.
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    I don't think GXY needs any more lithium assets. We have 3 world class assets already and for a relatively small company that's probably enough to manage. I am very impressed by the strategy of the company, which has been consistent, since I became a shareholder a couple of years ago. No BS no flash promises, just get on and do the job properly. Mt Cattlin is a stand out success and is proof that this strategy works. It takes time to develop a mine and if things are rushed major cock ups happen. Look at some of the other lithium projects. I suspect that once an updated DFS and all the government approvals have been granted that there will be an offtake agreement for JB as it looks like we will be able to fund it from the proceeds of Mt Cattlin. At the same time there is likely to be a JV with SDV. I don't care about the daily fluctuations of the sp as I ain't selling a single share for the next year or so. I am here for the journey and want to be a shareholder of a successful major lithium producer. Whenever I get a few spare dollars I slowly top up. If I have any anxiety at all, and its only minor, I worry about having to fly to New York for the AGM some time in the future but hopefully that won't be necessary.
 
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