GXY 0.00% $5.28 galaxy resources limited

That's good to know, I am so lazy when it comes to ORE. The...

  1. 957 Posts.
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    That's good to know, I am so lazy when it comes to ORE. The forums are too quiet so never really go there to find out the gossip.

    Hopefully, that does encourage more index accumulation driving the price higher. If they go higher that will drag us higher by default. It did take PLS some time to gain momentum, so if that also happens here 21 June will be about 2 months before merge, so that should give it some time to head north.

    After merge we should then be fighting it out or possibly moving together with PLS to head towards the ASX100 which attracts even more investor dollars. Wouldn't that be nice and a huge turn around to see two big lithium companies in the ASX100.

    With the way momentum is heading, fundamentals should be pushing market caps for both mergeco and PLS beyond 5b by end of August,

    May China data looking good and adding to the narrative:
    https://hotcopper.com.au/data/attachments/3262/3262964-0531aef20317356d5e0ae7f4f536fa6c.jpg

    So is sales reports coming out of Europe. We are at the idle stage, when Mergeco hits at the end of August we hit the start of peak car sales period, let's see what happens to pricing then and our SP!

    https://hotcopper.com.au/data/attachments/3262/3262982-419c40b09e99daf68a3bdfc1fbe917ac.jpg

    Enjoy the calm before the pricing storm and long weekend everyone!

    Last edited by SeeTheWorld: 11/06/21
 
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