GXY 6.40% $3.51 galaxy resources limited

Yes it's perfect timing this money has come in now as by the...

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  1. 843 Posts.
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    Yes it's perfect timing this money has come in now as by the sounds of it GXY have the Calendar year Jan-Dec (10mths), to spend up big time advancing Sal to then reduce the potential financial years profit thus tax payable, eg if a reasonable amount is not spent on Arg Sal then GXY would face a large tax bill.


    Sounds like we push ahead building Sal, designing etc as quick as possible If a partner wants to join in, we would actually desire tech and locked in offtakes, than upfront 2019CY cash (to pay more tax on, 'this' year).



    All IMO DYOR.
    Last edited by FutureTech: 02/03/19
 
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