GXY 0.00% $5.28 galaxy resources limited

>This $280m USD equates to $1 per share! There are 405m shares...

  1. 98 Posts.
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    >This $280m USD equates to $1 per share!

    There are 405m shares outstanding, at most 70c a share.

    >valuing Mt. Caitlin at $700m when it is earning $150m a year in profit.

    Mt. Caitlin is earning closer to $100m a year in profit, npv of closer to 1.1b

    >SDV with a value of approx $2b

    They have openly stated the npv of SDV is $1.4b before they sold 1/3rd and requires 500m of capital outlay to get running.

    Share value of between $2.80 and $3.50 is fair valuation.
 
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