GXY galaxy resources limited

the only other near term lithium producer., page-7

  1. 4,656 Posts.
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    Maybe GXY is just busy working up the easiest thing for them to bring into production. And these guys are ex-Tantalum Australia, so you got to go with what you know and these guys presumably know their stuff. They also have plans to use an old mill - which is not the same as wandering out to Ponton and looking for another Mount Weld and buying into all sorts of hassles with metallurgy, marketing and the like.

    If you read their quarterly, they said they finished drilling on the 28th and will have a resource statement out in August. Which is flying pig territory as far as the lab delays and my knowledge of resource estimation swiftness goes. But I may be wrong. They may deliver on time. Which would be miraculous if engineers are involved.
 
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