Ore currently has an annual income of 23million from their boron project in Argentina. This past october, they initiated construction at their lithium salar. The estimated cost for their lithium plant is US$229 million... (Much cheaper than Lithium1's projected plant cost) 2014 is when they estimate their production to begin
Galaxy will take a leap in front of ORE, in-terms of annual cashflow, very soon with the rampup in Jiangsu generating roughly $110mil in revenue @ $6,500 /ton
At the present, we are valued near the same market cap.
GXY Price at posting:
15.8¢ Sentiment: LT Buy Disclosure: Held
