Not pis#ing in the Deans pocket here but that is one of the best assessments of what is happening.
His "Smart Money" says it all.
and others applying "textbook stuff" when EVs are not in a burgeoning stage will only lead to disappointment and confusion for a lot of holders/posters/readers.
imo The burgeoning stage for EVs is beginning 2nd half this decade. Too long to judge for me!.
I know a lot have quoted Buffet and his ten year hold stuff but in this day and age "fast money" for the "smart money" is all its about.
EVs and all things electric is the go. Theres no denying that.
That last move to 4.54 was too good to be true as the saying goes.
Theres now some headwinds for the Lithium sector (which were always there) and how GXY navigates through this with that US200 odd million left will be interesting.
I wouldn't object to them taking out a40 soon imo Get it for A100m or less.
while lining up all the ducks for SDV, then go hard with that.
The hyperbole stuff with Lithium and GXY is diminishing for the better on here imo
At the other end of the scale ?............ those few posters will run out of steam also.
All we need is for GXY to make its way in the sector with smart action from Management.
Smart Management from here for the next two, three years will go a long way to making a meaningful Company.
The position of GXY for that is a hell of a lot better than most other Companies.
We'll see ?
Ps I didn't see the headwinds approaching in the sector and also with the Chinese..........not many make money off them.
but all that aside, I'm still confident in GXY? with a reasonable flat lining Lithium price in the yrs ahead?
Will a new low come for GXY's shareprice leading into Nov?....
Md
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