Member Info for sniffer78

On full ramp up and problems ironed out come May/Jun Galaxy could have monthly revenues of $8.5/$9 million on industrail grade alone $6,600 per tonne. The next couple of months are huge for CRHL and Galaxy Galaxys broker note values CRHLs stake at around $45 million :-) and there is no reason why Galaxy cannot hit it over the next 6/8 months GLA

CRHL's 6.75% investment http://www.galaxyresources.com.au/documents/GXY-QuarterlyReportDec12FinalwCashFlow_000.pdf Page 6 GALAXY Revenues from Oct 1st/Nov 21st $4.6 million thats in just 7 weeks ;-)) Plant was shut down on 21st November he Jiangsu Plant was shut down in late November following a blockage in the vertical crystallizer section and subsequent pipe rupture. The pipe is currently awaiting repairs and recommencement of the Plant is expected early February 2013. Prior to the incident, the Company continued to ramp-up operations at the Jiangsu Plant during the Quarter. Lithium carbonate production totalled 705 tonnes over the period. Total sales for the Quarter were 701 tonnes, recording revenue of RMB 29.9 million (A$4.6 million) (inclusive of VAT) . Sales from Jiangsu comprised mostly technical grade product while battery grade product continued to undergo customer qualification processes and testing. As reported in September 2012, battery grade samples were sent to over 50 potential battery cathode customers in China. In addition, battery grade samples have been sent to a number of Japanese customers for product qualification and testing. At the front end of the Plant, prior to the incident, the calcination kiln utilisation rate (amount of time on line) reached 92% during October/November. Temporary lifters were installed in the calciner to provide better spodumene pre-heating and heat transfer within the kiln. These modifications have successfully reduced kiln off gas temperatures, thereby allowing increased kiln feed rates and kiln stability. These lifters have now been replaced by permanent units during the recent shutdown.

May need more cash will the Creat Group see this as a chance to take a bigger hold ATB

We have two Creat Group directors on the Board of Galaxy and they stepped down from CRHL board 6/8 months ago i find that intresting lol

People see a 2.5m market cap $14.5 milion investment in GXY at current share price, and possible $45 million on GXY broker note from Sept and possible £6.6 million in cash from Taz asset sale and change of tact to new investment company ATB

http://www.galaxyresources.com.au/documents/GalaxyEGMFeb13ASX.pdf Glacial you are right mate, but once it moves north people will move on again for big rise. ATB

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11488746

Taz asset sale completion due in Q1 2013 so could come anytime, that will give us £6.6 million and are 6.75% stake 37,834,912 million shares in GXY Galaxy will start to move after AGM on Friday CRHL follows Galaxy on the chart so hoping when Galaxy starts to move we shall tick up as well. ATB 2 MONTHS AGO The Company is also pleased to confirm that Exchange in respect of the Mining Asset Sale has taken place and that completion in respect of the sale is still expected in Q1 2013.

This share moves very quick up and down because of the lack of shares on the open market see past history below, more buying tomorrow will see CRHL move north again imo unless mm's play games but it's looking like they want it back up ATB http://screencast.com/t/DAFhLyJv http://screencast.com/t/BsjbzXUuws http://screencast.com/t/epMPy2AE http://screencast.com/t/MAkGXB8R

I would say buying mate most will avoid shares with over 10% spread, if we get a couple of mill vol tomorrow this will move yet again not many shares on the open market ATB

Did you get email I sent

Galaxy investment alone is worth around 1.6p per share at $0.40 37,834,912 million shares which CRHL hold, and thats with out £6.6 million cash from asset sale, which is progressing and likely to complete in Q1 and new investment update after sale completion. ATB

50% up now slow and steady lol

lol hardly any shaeres knocking about, she moves quick on low vol

25% up would be nice to build up to asset sale ATB

http://en.creat.cn/ CRHL'S Major shaeholder and backers Top 20 (including SIGNIFICANT) INTEREST HOLDERS NUMBER OF SHARES PERCENTAGE CREAT GROUP COMPANY LIMITED 353,300,000 52.95 COMPUTERSHARE CLEARING PTY LTD <CCNL DI A/C> 217,758,674 32.63 SILVERMINE INDUSTRIAL LIMITED 68,000,000 10.19 EVER TRADE HOLDINGS LIMITED 10,000,000 1.50 GUO LINCOLN 3,750,000 0.56 MR GRAEME STUART-BRADSHAW 1,774,500 0.27 MRS SUSANNE STUART-BRADSHAW 1,365,000 0.20 PETLYNNE INVESTMENTS PTY LTD 1,072,700 0.16 THORNTON HOLDINGS INC 799,076 0.12 MR GLENN FIELD 738,864 0.11 ESTANYOL HOLDINGS LIMITED 637,561 0.10 MR IAN MCCORMICK + MRS MARGARET MCCORMICK <IAN MCCORMICK SUPER A/C> 550,030 0.08 TAZKEENA HOLDINGS LTD 425,040 0.06 ERNEST HALL & SONS PTY LTD 399,400 0.06 MR GRAEME DEVLIN 387,997 0.06 MUFFINDALE PTY LTD 350,000 0.05 MR JAMES ANDREW LANGFORD 300,000 0.04 MR KENNETH ROY WILSON + MRS MARGARET AN WILSON 288,800 0.04 MSTATE PTY LIMITED <MSTATE SHOLDING DISCRET A/C> 250,000 0.04 MR IAN JAMES WILLS + MRS NARELLE PATRICIA WILLS 232,999 0.03 As at 30 Novmber 2011 Note: Pursuant to the CRHL Constitution a shareholder is a party registered on the Australian registry who has been provided with the share certificate by the Company or Computershare as its agent. Only a party listed on the Australian registry is a legal shareholder. As the Company’s shares are traded on the London Stock Exchange’s AIM, Computershare maintains a Depositary Interest (DI) service in the UK (where “Computershare Clearing Pty Ltd (UK)” is the legal owner) and maintains a register of the beneficial interests of investors. The DI structure allows intermediaries and investors to trade in the Company’s securities while settlement is effected electronically in the CREST system. DI's held by Computershare Clearing Pty Ltd (UK) are designated by "UK

16% up doesnt take much to move her only about 14% shares on open market ATB

Galaxy Res AGM on Friday, GXY sp should start to rerate next week after questions from investors have been answered on plant reopening and going forward., wse should also rerate as Galaxy rerates ATB

Lol if we can finish above 0.35 we may start to recover ATB

Just need the Taz asset sale to complete for the 6.6 million and then see what CRHL's new investment is going to be, lets hope its Galaxy Resources as it's been kept down for 9 months GLA Lets not forget are backers are a huge investment company in China. IMO they have something in mind once sale is complete. $6.6 million in cash after sale. Galaxy Investment of 37,584,912 shares in Galaxy representing 6.707 percent of Galaxy's issued share capital and are market cap is Market Cap 1.7M worth $14.5 million Galaxy investment will be worth double by end of Q1 IMO. http://www.galaxyresources.com.au/documents/GalaxyRoadshowPresentationFinalSep12_000.pdf http://www.galaxyresources.com.au/documents/SeymourPierceGalaxyReportSep12_000.pdf Reply http://en.creat.cn/projects.asp