what a bargain!!, page-232

A few months ago the downward trend was strong. My guess is that it was mostly profit taking as people who set targets met them and played some swings. IMO The chart shows a transition into a rectangle formation, with a bottom hanging around the post consolidation $2 give or take a few cents.

For those who have been following this through it was something like: bounce off the old 0.395, bounce off 0.405, bounce of 0.410...

So in recent times it's tested the post consolidation $2.50 a few times. IMO it is only a matter of time before it breaks out over the $2.50

My reasons have nothing to do with Blackrock. they have nothing to do with short squeeze plays.

Money is coming in. A lot. There is value in our assets and it's growing every day that demand is not met by supply. I haven't read anything that convinces me that the supply will be met for years. If ever. There is clear direction in the future: Develop Sal De Vida and James Bay. There is a market willing to buy the product. There is evidence enough for me to believe there will continue to be a market for the product. This is plenty for me to justify more than an AU$800M market cap.



As always, GLTA