GXY 2.64% $2.21 galaxy resources limited

What about dem assets?

  1. MrQ
    2,929 Posts.
    With the price of lithium product going up 10% last year and expected to go up significantly higher, plus all the work being done by us with SdV I read about in the Latin American papers, what sort of asset values do we have with our 3 assets on:

    a) Fire sale
    b) Extract ourselves from the sale with enough to keep going [bonds issue excluded for the moment] then rely on cash injection to get to dev stage
    c) other option

    It's just everyone on the other threads seems to ignore that the compoany is not just cash at hand. While I get it that 'cash is king' [I still remember Accounting 101 despite my advanced years], it doesn't hurt if you have *something* marketable.
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