Salty your valuations of those tenements are a little ambitious...

Salty your valuations of those tenements are a little ambitious

I reason that current debt is the value of the galaxy at the moment. Considering with the value of lithium, the factories inefficiencies, mt Caitlin has low lithium levels, James bay and South American tenement is undeveloped and will continue to be dormant until lithium is a variable commodity - lithium batteries are still to heavy and not really made a massive impact on the car market yet. The amount lithium used in iPads is still in the infancy.



There is no more chance of another cr because most financiers have distanced themselves from galaxy.

No one wants to prop up a company that has little or no financial restraint, has not enough money in the bank to maintain contingencies, has inefficient plant, has a mine that is no even used, has two undeveloped mines that they can't even develop due to finances and lithium values are at all time lows.

If I had 20 million I wouldn't be putting it into lithium

In fact many commodity stocks are 20 % to 90 % down this year

So galaxy is a product of the broader market issues of commodity values.

You just need to invest in the commod stocks that have good fundamentals

Galaxy is not one of these I must say

Last one turn the light out