GXY 0.00% $5.28 galaxy resources limited

smooth operators, page-6

  1. 5,428 Posts.
    lightbulb Created with Sketch. 75
    This one has potential over the longer term but I remain concerned at the limited cash position. Trudy maintains the directors have "plenty of money" but this isn't the point. GXY likely has a viable lithium operation at their pegmatite prospect but there is a long distance between a drilled resource and positive cash flow. If GXY raises more capital and the sp moves towards more value then I might be interested.
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

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