GXY galaxy resources limited

shaking the tree, page-6

  1. 9,366 Posts.
    lightbulb Created with Sketch. 4051
    Possible as a last resort to extinguish debt, I suppose. I like haviug a diverse source of supply, as the economics of one source of lithium supply make change over time (e.g. in response to AUD or labour costs). They have worked hard to get into this position, so doubt they would sell the mine in WA unless they had to. Then again, if the market value is not reflected in share price and they need to raise finance, it might be better than going back to the shareholders while the share price is undervalued, especially now they have new tenements in NA and SA.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.