GXY 0.00% $5.28 galaxy resources limited

This one has potential over the longer term but I remain...

  1. 5,428 Posts.
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    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.
 
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Currently unlisted public company.

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