GXY galaxy resources limited
Add to My Watchlist 3.40% ! $2.84

Ann: March 2018 Quarterly Report clarification, page-101

  1. goofy
    4,188 Posts.
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    24/04/18
    14:18
    Post #: 32657971
    Depends on what grade concentrate was produced. My calcs show a 52% recovery rate March quarter using concentrate grade of 5.75% which is same % as what was sold in December quarter. If concentrate grade was lower that would mean recovery rates would be lower.

    Not entirely a big issue, just not confidence inspiring.
    GXY Price at posting: $2.86 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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