In November 2021 deceased GXY $6 will be ORE $10.54I'm looking...

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justfriendau

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03/08/21

00:11

Post #: 54977414
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Originally posted by SeeTheWorld: ↑

We have seen many times before that different points in time see the numbers change. Long term we have seen the two have their time in the sun and now clearly it is PLS's turn. Not really fussed as I own both, and the direction for both is looking good.

PLS management have really been out and about in recent times really selling the company. There is a lot of noise about the company and many influential people are publicly supporting it. In all honesty I don't blame them as they have a lot of positive things upcoming / going for it.

GXY does to, but management really have not been doing the same PR push. Nothing new here, if anything quieter than usual (since SH has taken the reigns). I think all eyes on deck for post merger, don't want to give any reason for holders not to want the merge.

Once done and dusted we will start to gain some excitement in regards to off-takes (SDV and JB) and advances in construction schedules.

I also have this gut feeling that GXY has also been secretly running tests on OREs product using their innovative SDV approach. I think that it will also make a big difference to their (which will also be ours) pond system. Integrating this into their expansion plans it would possibly completely rerate the ORE contribution to the upside leading to more battery grade material, leading to even stronger cashflows to advance the other projects.

We are heading into the most dangerous part of the year in a bubbly market (Sept-Oct). If the world does not fall apart then we will have a crazy Nov-Jan when EV sales do their normal super sale thing. All things lithium will be bursting at the seams (especially as the China brines have their seasonal slow down).

Prediction by end of November 2021:
Spod spot @ $1500 minimum
Spod contract sales at $950 minimum
ORE battery grade at $11k minimum
SDV and JB off-takes announced
Numerous fast tracking of future projects announced

At that stage if we are not at least 35-50% higher, I would be very surprised (unless for some black swan type events). That means you better start preparing your gifs for the $6 party!!!!

It is just speculation, but let's just wait and see. EV sales, expert commentary, you name it all say one thing, we are in for one hell of a supply squeeze.

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In November 2021 deceased GXY $6 will be ORE $10.54
I'm looking ORE $12 by end of 2021.

Last edited by justfriendau: 03/08/21

GXY Price at posting: $4.69 Sentiment: Buy Disclosure: Held
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0 Great analysis

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