GXY 6.40% $3.51 galaxy resources limited

Ann: POSCO Transaction Complete, page-326

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 74 Posts.
    lightbulb Created with Sketch. 51
    the adjustment in 6 months is for pricing, not for delivery. I am not sure how long is left on the 5 year contracts, but it was for most if not all of our production, that was one of the selling points for Galaxy because they had locked sales for 5 years.  The plant should be running the YOP will be dialed in over the next few months which means ( I hope ) that we get better recoveries with each new report. If we are shipping anything to LPD would be waste rock or stuff we don't think we can process effectively and would not be large volumes.
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.