GXY 0.88% $1.14 galaxy resources limited

KDR market cap $548m- liquid assets $27m (forcast cash flow $11m...

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    KDR market cap $548m
    - liquid assets $27m (forcast cash flow $11m next quarter)
    - 1 asset non producing assets (50% owned)
    - Will be in debt in 3 quarters, hence the $100m line of credit from SQM

    GXY market cap $741m
    - liquid assets $300m+
    - 1 producing asset EBIT au$80m (100% owned and operated)
    - 2 non producing assets with in excess of $100m capex put into SDV (100% owned)
    - No debt
    - Multiple offers on the table

    $193m difference in market cap. Cash alone..... yeah you get the picture.


    No intention to knock KDR here as I think they have a solid future, just merely pointing out the obvious.

 
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