GXY
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0.00% $5.28 galaxy resources limited

Takeover?, page-3

  1. solution6
    449 Posts.
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    24/09/15
    12:13
    Post #: 16051129
    GXY currently $30m value
    $50m went into bank in March for Jiangsu sale.[less operating costs say $2m]
    Sal de Vida Lithium&Potash project[deposit] worth ?-perhaps $10m to $20m
    James Bay Lithium Pegmatite project in Quebec worth ?-say perhaps $10m

    Based on assets-share value should be somewhere between 8.3 to 9.4 cents
    GXY Price at posting: 3.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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