GXY 6.40% $3.51 galaxy resources limited

I have made plenty on the markets Over many years I have lost at...

  1. 5,747 Posts.
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    I have made plenty on the markets
    Over many years
    I have lost at times
    But I usually know when things are bad.

    Galaxy is in a tough position
    Very fortunate with the POSCO money.
    I would think SP would be well under $1
    Without it.
    A CR would have already happened.
    Those spouting $400 million cash
    Will be disappointed with the Quarterly update.

    The whole lithium sector is struggling
    But Galaxy have gone shockingly bad
    Since the POSCO announcement.
    No permits in place and little shipped
    Some here thought Galaxy would be making millions..Instead they are bleeding
    Money fast.

    Cheers
 
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