GXY 6.40% $3.51 galaxy resources limited

"GXY at best is more than 2 years away.At worst GXY will never...

  1. 524 Posts.
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    "GXY at best is more than 2 years away.
    At worst GXY will never turn a profit."

    Amateur hour is well and truly here.

    Read the company FY presentation, though I presume you are deliberately ignoring it.
    https://www.asx.com.au/asxpdf/20190228/pdf/44320wwqsf0166.pdf

    NPAT AU $5m for FY18
    EBITDA AU $80m for FY18

    Also if you look through the Profit and Loss (Slide 9), they conveniently included AUD $65m in Depreciation and Amortisation, double the previous year. Smart move IMO. (They could have declared a much higher Net profit if they wanted to).

    And in case you raise another furphy, these are excluding POSCO transaction. If you include them, NPAT AU $211m


    If you're going to pick bottoms, get your facts straight.
    Last edited by Ozyoioi: 14/03/19
 
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Currently unlisted public company.

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