GXY 0.00% $5.28 galaxy resources limited

Shorters... Good luck!, page-736

  1. 929 Posts.
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    VMP im afraid you're looking for dividend returns in the wrong sector. Lithium is a very new area especially in Australia which can be seem by the 2 biggest producers (GXY ORE) have only been up and running for about 1-2 years.

    There will be no dividends or share buy backs from GXY at least after SDV is fully operational, even then, GXY management may want to take over LPD or build a battery plant.

    Currently there is only Capital Growth to be had here. If you want divis there are plenty of other miners out there.

    Can we end this discussion now? I feel like discussing dividends and share buy backs is too far in the future. GXY needs to keep its feet on the ground to survive this utter barrage of shorting from the oil tycoons.
 
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