GXY 0.00% $5.28 galaxy resources limited

Bell Potter, Ballieu Holst, Cannacord,and Hartley all prepared...

  1. 495 Posts.
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    Bell Potter, Ballieu Holst, Cannacord,and Hartley all prepared research papers and covered GXY in recent months. Please go away with the CR crap -- is not going to happen.
    The reality is GXY is up and away sailing into profit with full spinnaker on.
    PLS still haven't got a boat but thinking of sailing.
    By Jan 2018 - one long year from now, PLS will be in the same position as today, at best the design of the plant completed, and with a bit of luck commence construction and burning CASH.
    By Jan 2019 - two long year away, still no revenue and continue burning cash big time - with a bit of luck, plant completed and commence commissioning
    By June 2019, with a lot luck PLS may start sailing.
    In the meantime GXY make a profit $200 m in FY 2017/2018 and possibly another $250m in FY 2018/2019 according to the research paper prepared by the experts.
    This is chalk and cheese scenario based on 3 years time frame.
 
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