GXY 0.00% $5.28 galaxy resources limited

Why no speeding ticket, page-25

  1. 749 Posts.
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    Both AJM and A40 are producing mines.

    Similar in size to Mt.Cattlin. Issue with AJM is they have significant debt (I think $150m-ish) which is weighing down their profitability.

    Someone paying off that debt could make some good cash flow if they believe we've hit the bottom of the spod pricing curve.

    A40 is interesting because of it's ownership/listing structure. They ship out of the same port (heck, event he same berth) as GXY. GXY were rumored to have taken a position in A40/Tawana awhile back too.
 
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Currently unlisted public company.

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