GXY 6.40% $3.51 galaxy resources limited

Sorry maybe I am coming in at the wrong time and have missed it....

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  1. 6,849 Posts.
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    Sorry maybe I am coming in at the wrong time and have missed it.

    How do you see the company affording all of this long term stuff you speak of?

    @findinggems as far as I am aware the LPD feedstock is coming from Spain.

    From what we know we are waiting for the YOP to complete at Mt Cattlin.

    We have also been told there are 5 year contracts in place for Mt Cattlin (down to 4 years now) and at one point I am sure Anthony mentioned the fluctuation would not be more than 10%.

    Though they offered an adjustment in 6 months time.

    Delay of supply might affect that lithium spodumene price, but then all of the various mines are tied to specific customers. So I am dubious on the oversupply of spodumene claims.
    Last edited by Thesi: 27/02/19
 
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