GXY
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0.00% $5.28 galaxy resources limited

SDV + Mt Cattlin v Pilgangoora, page-26

  1. binwood
    9,048 Posts.
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    01/05/17
    22:18
    Post #: 24395202
    Well if you bothered to do your research they announced two weeks ago they have drill results of 2% ore for DSO. Hence over $100 is feasible and comparable value to buying concentrate. Even at USD$50 margins if PLS get 75% that is AUD$50 a tonne. Provides $5m a month in profit. Company making? Maybe not. Handy? Absolutely
    GXY Price at posting: 42.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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