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Galaxy Resources (GALXF)

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Last Post: 11/5/2018 12:03:49 PM - Followers: 29 - Board type: Free - Posts Today: 0







Galaxy Resources (ASX: GXY) is an S&P/ASX300 emerging mining and chemical company focusing on lithium and tantalum production. Galaxy is at an advanced stage of developing its Mt Cattlin Lithium Project (hard rock spodumene) in Ravensthorpe, Western Australia. The Project encompasses a mine and minerals plant which will produce 137,000 tpa of 6% Li2O spodumene concentrate. Galaxy intends to add value to the Mt Cattlin Project by establishing its own downstream lithium processing facilities in China.

The Company is finalising plans to establish a lithium carbonate chemical facility in Jiangsu Province, producing 17,000 tpa of lithium carbonate.

 

COMPANY WEBSITE
http://www.galaxyresources.com.au/

Australian Securities Exchange [ASX] - Includes Chart of Galaxy
http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=GXY#chart

CHART IN AUSTRALIAN CURRENCY


GALAXY SIGNS BINDING LONG TERM OFFTAKE AGREEMENTS FOR MT CATTLIN Highlights • Binding offtake agreements for minimum 200,000 tonnes per annum of lithium concentrate signed with multiple customers for 5 years • 100% of total planned lithium concentrate production from Mt Cattlin sold for contract term • Headline pricing achieved for 2018 higher than 2017 • A portion of Mt Cattlin lithium concentrate to be converted on Galaxy’s behalf into lithium carbonate and or lithium hydroxide • Galaxy to commence selling lithium chemical products to the end-user market in 2018 • Offtake arrangements to settle through Mitsubishi Corporation

 

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#593   Confirmation of the $280M deposit from sale to tikotiko 11/05/18 12:03:48 PM
#592   Agree, GALXF is the number 1 junior producer tikotiko 09/19/18 03:02:17 PM
#591   $GALXF. MAYBE RETRACE MORE BUT STILL A Dr Badman 09/19/18 12:32:05 PM
#590   August 28th announced : http://www.galaxyresources.com.au/media/announcements/43xrdnwx23v3r4.pdf nowwhat2 09/01/18 01:11:24 PM
#589   Excellent half year report below. Let hope tikotiko 08/29/18 10:49:28 PM
#588   Webcast for Semi-annual resuls on August 29 afternoon tikotiko 08/23/18 10:46:28 PM
#587   Galaxy about to bounce, guaranteed! LOL tikotiko 08/09/18 07:59:26 PM
#586   HC stands for Hotcopper, which is an Australian tikotiko 08/09/18 07:58:16 PM
#585   ok thanks, MathisLaurant 08/08/18 12:00:35 PM
#584   HC = An Australian investment website named Hot Copper nowwhat2 08/08/18 11:57:27 AM
#583   @nowwhat2 yeah its good to see that it MathisLaurant 08/08/18 11:43:16 AM
#582   GALXF - Up 3.22 % nowwhat2 08/06/18 01:10:43 PM
#581   I only check this occasionally (much better discussion tikotiko 08/01/18 08:18:21 PM
#580   It has been pretty quiet here MathisLaurant 07/31/18 09:07:06 AM
#579   Below is the link with the announcement that tikotiko 05/29/18 04:37:04 PM
#578   Nothing posted here in some time, but Galaxy tikotiko 04/30/18 01:03:45 PM
#577   Why Galaxy Resources Limited shares have been on anski100 02/14/18 12:04:32 AM
#576   That could be the reason for the Popup?! anski100 02/13/18 02:21:41 PM
#575   ... Market analysts are questioning whether lithium producer anski100 02/13/18 02:16:30 PM
#574   I bought a few more today. I tikotiko 02/09/18 08:20:58 PM
#573   That’s good, I have a little ground to Etailer 02/07/18 07:08:32 PM
#572   Galaxy is currently 11% up in Australia. tikotiko 02/06/18 07:47:36 PM
#571   Like many here, I have lost a lot tikotiko 02/05/18 10:44:51 PM
#570   Sweet, that’s like a 35% discount to where Etailer 02/05/18 07:37:03 PM
#569   Bought again today at $2.38. I think tikotiko 02/05/18 12:10:09 PM
#568   I bought twice this week for averaging. tikotiko 01/20/18 11:55:26 AM
#567   Galaxy is tempting me to buy more at Etailer 01/20/18 10:15:40 AM
#564   Agree, see my comment in ALTAF thread. tikotiko 01/19/18 12:40:15 PM
#563   Expansion talk wipes billions off lithium miners Etailer 01/19/18 10:56:53 AM
#562   I have both companies. They are by tikotiko 01/17/18 11:45:04 AM
#561   Number one stock as far as performance this Etailer 01/17/18 08:28:36 AM
#560   With many car makers going to electric, lithium Penny Masters 01/16/18 11:28:48 PM
#559   Thanks, I briefly read it and it looks tikotiko 01/15/18 08:41:56 PM
#558   Galaxy released Activities report period ending 12/31/2017. instructmba 01/15/18 08:33:21 PM
#557   Ha ha, yes it bounced back from yesterday’s tikotiko 01/12/18 01:30:14 PM
#556   No but I'm really tempted to start flipping Etailer 01/12/18 01:15:09 PM
#555   What drop? I'm seeing us up 6% in Etailer 01/12/18 01:13:39 PM
#554   Yes galaxy has very strong fundamentals and remains Zeroze2002 01/11/18 02:28:19 PM
#553   I agree that these are the most probable tikotiko 01/11/18 02:21:52 PM
#552   Profit taking, liquidity testing, shorting to activate stops Zeroze2002 01/11/18 02:04:48 PM
#551   Any theories about the reason for today's big drop? drobx 01/11/18 01:04:45 PM
#550   Despite the drop today, I remain confident with tikotiko 01/11/18 12:38:13 PM
#549   My lower prediction is for the next few tikotiko 01/08/18 03:34:35 PM
#548   I am hoping it will see $5-6 over TheMonolith 01/08/18 02:21:03 PM
#547   I has been on a tear lately, I Etailer 01/08/18 02:17:58 PM
#546   I think GALXF has the legs to reach tikotiko 01/08/18 01:55:42 PM
#545   Yeah. South American Lithium Mines beast day. Dr Badman 01/05/18 02:10:38 PM
#544   Sector breakout! TheMonolith 01/05/18 10:05:23 AM
#543   So if we get to 4 dollars USD RenixWaters 01/03/18 11:00:09 PM
#542   Maybe Galaxy start selling lithium to vape producers. TheMonolith 01/03/18 05:37:42 PM
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