Environmentally oriented companies which benefit the planet on a large scale, like GML,
are heavily supported by environmentally oriented people.
It is only a small hand full who oppose for the sake of opposition.
German/ Swiss investors are strongly interested in environmental science and invest heavily in GML for a reason. They can see the benefits suiting their core interests.
Price levels are stable while volume dries up.
There might be a few more twitches and selling pressures, but price will undoubtably move
up fairly soon and push straight through the 52 week high.
The translation delays have created the perfect accumulation and distribution scenario after
a dilution.
I believe we are nearing the end of that phase and it is time for those who wish to position themselves to do so, as I believe there is little time left.
To anticipate to have time until the end of the public hearing process is probably very unrealistic.
Personally, I have added substantially and am set for things to unfold in early 2021.
The stock was derisked since the EIA uptake from the officials and is now only awaiting
formalities down the line. A ML is forthcoming by mid next year, as I see it.
Politically, an independent supply line circumventing Chinese monopoly in the
market is a matter of clear urgency for the Europeans. The Germans are invested in supplying their massive car industry.
Interesting to note the commitment from the US based investors in the CR as well.
2021 is gearing up to a game changer for the company and for the European REE market as a whole, exciting to be part of it.
all IMO
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