Long term looks amazing , I am just making short term calls atm, as we all know, Biden is going to be pumping trillions into EV in the not so distant future, once he gets covid under control, I reckon that was the last pillar to confirming that combustible engines are going to be a thing of the past in the next 10 yrs with every country putting a ceiling on new petrol vehicles post 2030, so the race is on to secure supply of lithium, nickle, cobalt, rare earths pretty much any commodity that is required to turn this planet to green .
Hydrogen will play its part, I am involved with an exciting coy in WA which has huge news coming tomorrow.
Solar panels, battery storeage system for domestic / commercial electric use, all this and more is the future.
I reckon this drama with China and the worlds dependance on them has hit a cord too, alot of countries have made it fairly clear that they want to separate and become more independant , so the race is on to obtain long term quality supply elsewhere.
GXY is in pole position to take advantage.
As far as your calls for $4.50 by June and $6.50 by August, well, this chart will dictate that no doubt, looks like it might challenge the highs in the not so distant future, so why not ?
Other than that, I dont haver a crystal ball dude.
IMO
GXY Price at posting:
$3.61 Sentiment: None Disclosure: Not Held
