Found some possible test ponds the the North East of Galaxy's...

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ljcamp

630 Posts.

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26/03/19

19:46

Post #: 37891969
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Originally posted by cutta: ↑

Hi asb your right the financials won't be the same as last year because the company activities are different and so is the cash on hand.

Higher costs are due to construction and upgrades everyone knows that. Even blind Freddie. But with the recent process improvements in WA and a better quality feed ore production costs should be lower. Contract prices will be interesting but its not as if there is massive stock piles of li concentrate laying arou d that can't be sold. Its still a case of demand out stripping supply and the uses for the product is ramping up. Smart end users will stick by there suppliers and create synergies.

Are you saying that Posco stuffed up and would now be kicking themselves that they bought the tenement?Do you think that Posco now thinks their investment is not worth as much?

You are so confident that no one wants to partner with GXY. Why?

I also ask your opinion on the short position held over GXY. Shorts have driven the company value down by 50% yet they haven't bagged the profit. Why?
Do you think the reason the short position remains open is to keep a cap on the share price and company value? If not why is the position still open instead of taking a profit?

Do you think that that Posco and GXY have made a bad decision in choosing to tap into the Sal De Vida resource?

Would you consider joining the board to educate them on the best way to do business?

Seeing as though you are continuously on the GXY forum freely giving your opinion I know you will take pleasure in giving your opinion to these questions.

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Found some possible test ponds the the North East of Galaxy's tenement and to the West of POSCO. Anyone know who owns this land?

Yellow dot but a little bit further east.

Is this testing new tech with POSCO? Due an update I think.

Last edited by ljcamp: 26/03/19

GXY Price at posting: $1.91 Sentiment: Buy Disclosure: Held
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Found some possible test ponds the the North East of Galaxy's...

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