Either way GSR, will be a commodities outfit with gold, nickel, cobalt, lithium and pges in varying degrees. While everyone in the media is talking gloom and doom, the shipping indices are normalising in my view since Covid. i.e. the costs are coming down. That means a lot for Australian commodities, especially as expressed through the BDI. The index provides a benchmark for the price of moving the major raw materials by sea.
GSR Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
