GXY
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0.00% $5.28 galaxy resources limited

Agreed, the icing on the cake is the profit. If let's say the...

  1. vmp
    13,164 Posts.
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    30/12/16
    17:26
    Post #: 21613898
    Agreed, the icing on the cake is the profit. If let's say the cost was usd400, the usd$600 would have given us Usd$200/ton profit. Now we get US$505 per tonne profit (usd905- $400) if usd400 is a fair estimate of cost base. USD505 x 120,000 = usd60.6m, or AUD86m assuming 0.7 exchange rate which is likely conservative as we can expect the AUD to weaken. The future of galaxians looks great!
    Last edited by vmp: 30/12/16
    GXY Price at posting: 52.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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