GXY 0.00% $5.28 galaxy resources limited

What is behind our Galaxy's falling share price?, page-546

  1. 749 Posts.
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    Mt. Cattlin is absolutely MINTING money at prices anywhere above USD$750! circa $70m+ p.a. free cash flow.

    Yield optimisation now complete, looks like the price fall beatdown is a bit of a storm in a teacup, though I still think it will be a volatile year - need to see the health of the demand side. A couple of big EV news reveals will probably put the spotlight back on Lithium.

    My estimate of break even (all in costs) at the moment is in the high 4's, early 5's. Also expected to fall gradually as yield, throughput and  grade all improve.

    Also, looks like the LIT ETF is picking up again.

    Now we just need a rubber stamp from a judge, and a pan Aus-Korean handshake across the North-South Salt of Life border.

    Bottom's in I think (though I have been wrong before!!).

    Well done to those that held on!
 
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