This has to be GALAXY AGAIN! Min's Mt Marion ships from Fremantle port, doesn't it?
Now we are at 60% recovery rate from the beginning of the year. We might start seeing this upside in fulfilling our 2016 commitments faster. With this improvement, Gxy is now capable to generate free cash flow of $127m or better, up from $100m. Every shipment brings Gxy closer to that milestone. A higher spot price for excess production volumes on top of the contracted volume may even surprise the bank when monies start pouring in. GXY's lithium powered machine is printing $$$ 24 hours a day. We should expect a Cas-In-Bank announcement any day from Monday for our first shipment.
If we close at 70cents next week, the only downside of that would be that it's not 75 cents!
Cheers
Spod Boat for Feb., page-6
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