GXY 0.00% $5.28 galaxy resources limited

Westfarmer to take over Kidman at $1.90, page-176

  1. 1,628 Posts.
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    So, Street Talk seriously think that GXY would make a bid for alliance coz they need to improve the quality of their spod by blending it with alliances's.
    Utter rubbish!
    GXY has offtake agreements AFTER customers tested our spod which acc. to AT is high quality based on the low level of impurities. That is why AT could negotiate industry reckord prices for our spod. The grade difference between 6 and 5.6 affects the sale price by 40$ a ton. Hence GXY has a pricing structure which rewards higher grade, but still the quality/ level and type of impurities not grade sets the higher sales price base.. Get it?
    GLTA
    Last edited by schmunzel75: 03/05/19
 
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