Originally posted by Battleship
However it shows a lack of loyalty to the team who have saved this company. I have only been invested since late 2017 so i am not over the old Galaxy news, but without the current management and board, Galaxy would not exist to this day, yet alone be in the great position we are in.
In my opinion people do not appreciate how lucky we are to have such a successful company. Galaxy is at the moment the best Lithium play on the asx with a decent mine running with YOP just getting started, 2 other world class assets, an experienced management team including Mr Rule. 440 Million dollars a strategic alliance with a game changing chemical company and god knows how many other plans they have planned.
All in all, I respect people's anger at management and there have been some mistakes made, for example the JP Morgan process, but most things that people have gripes with aka Mt Cattlin operations and SDV delays have been adequately explained by management and are all reasonable excuses. Currently in SDV negotiations we are in the box seat with our cash on hand being a HUGE bargaining chip, so if companies arent going to give us the offer the asset deserves we will build it ourselves.
Overall, Thesi, i believe management have done an exceptional job in reversing this company into very little risk situation and do not deserve to have their jobs on the line.
Cheers
the time to sell out may be approaching, i mean what carrot is left SDV deal ? yet most ppl here are in the red....This is like a pokies machine, all flashing lights and wins along the way but balance just keeps going down...
In 6 months or less, i'll prob leave, had enough. Everything gets shorted down.... Tianqi is 50 per cent down form Jan, despite all SDV developments $400 mil AUD, Galaxy is also 50 percent down..... market is irrational, almost doesn't matter what GXY does.
