I prefer to look for positives in my stocks, a reason to buy, a reason to hold. And like all holders, I am always on the lookout for potholes. This site has some very good posters with great insight into all manner of issues. A couple of thoughts.
1 Any opinions on impact to GXY on the strength of the A$. Previous reports for funding, sales and offtakes, have used .75c.
Is .90 (soon parity?) cents better or worse for the economics of Mt Cattlin?
2 The GXY led lithium boom has meant that not much mention is made of the potential of the Ta2o5 credits at Mt Cattlin. Last I read, this rare mineral sells for about US$40/pound. GXY has announced 15mt@153ppm Ta2o5 within the lithium resource. At 70% recovery that is a pretty good by-product. What would be the sales ambitions here and how would these effect the margins at Mt Cattlin?
Perhaps I should just ask Galaxy - or just wait for an announcement.
All the best to holders
ph
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