GXY galaxy resources limited

Q1 Report this week?, page-46

  1. 4,188 Posts.
    lightbulb Created with Sketch.  29
    No, eventually the plant is going to produce at a steady run rate which was achieved in the Dec quarter @ 209Kt/pa. Can't just keep increasing output every quarter, that's illogical.

    Revenue in Dec quarter was around A$45m. I believe revenue in March quarter will be much higher due to receivables being realised from Dec quarter and higher average selling price of spodumene.

    See where SP goes today but might be a buyer at this level.
 
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