GXY 0.00% $5.28 galaxy resources limited

Todays SP 1.98. Total market cap $807mil au Sdv north is $379...

  1. 594 Posts.
    lightbulb Created with Sketch. 3849
    Todays SP 1.98. Total market cap $807mil au

    Sdv north is $379 +$57mil cash=$436mil.

    807-436= $371mil. Total remaing assets are the same value as SDV north. Makes perfect sense.

    Judge is away till end of Jan, this thursday. The signing of documents is holding up Galaxy, Posco and Argentina from developing. Around $900mil us to the local economy. Can't see why the governor would not want the contract to go through.

    While waiting, posco would want to test the technology, so who would be best to test it, given the same geology??? I wonder.

    Gxy has produced and sold LCE from it testing pond. By the time the rest is built, the 15 hectares pond will be in production, by years end.

    Mt Cattlin is aiming to produce 180k-220kt high grade spodumene per year.

    Make perfect sense. Now, when shold I start to worry?
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.