GXY 0.00% $5.28 galaxy resources limited

Looking at this company long term,SdV to produce 25,000 tonnes...

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    Looking at this company long term,

    SdV to produce 25,000 tonnes of Li3CO2 - cost of production slated at $2000/t. Profit around $4000/t (being conservative). That works out at a profit of $100M not including potash sales. Add 17,000 tonnes from Jiangsu at a profit of $2000/t (assuming they are paying $4000/t from Talison)that brings a total profit of $134M. SdV to start producing in 2015. Say we do have 1 billion shares on issue then - eps 13.4c. PE of 10 sp $1.34. PE of 15 sp $2.01. Optimistic maybe - but not beyond the realms...
 
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Currently unlisted public company.

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