GXY 0.00% $5.28 galaxy resources limited

why do we have a sudden drop?, page-23

  1. 1,559 Posts.
    "I know that Jiangsu achieving positive cash flow doesn't account for the whole company - but it would slow down the bleeding."

    That's right but we were starting the argument when you said "If they ever issue another CR then that's it!" which made me ask "How on earth could they get away without another CR?" and your reply was "The hope is that Jiangsu can service the $170M debt".

    Now you agree Galaxy might not become cash flow positive (while Jiangsu as a standalone project could achieve that). So the question remains: How could they get away without another CR?
 
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