swings and roundabouts.
If there was a stock that was the definition of Buy and Hold for the long term you are already sitting on it.
But you're going to need a bigger time frame. A week is only for the swingers and DTers.
A month is nothing. Look out towards 6 months, 1 year, 3 years, 5 years. Relax.
We don't even really need or want an announcement right now.
We had over a dozen last month that we've barely digested.
As much as its good to see our northern friends making new friends there are others in that Pump&Dump Clan that were only hanging in there for a quick TO. Now that appears to be off the cards for the moment - there is just a Long Boring Wait and a mine to build before a dollar of honest profit comes in the door.
The more it steps on the accelerator the better our solid production becomes to the rational mind.
Which way does the smart money go after this latest episode of "Wouldn't It Be Great" ?
Galaxy may be tactical enough to be holding back the SDV DFS until the merge announcement to frame the whole thing as the catapult to the next level. Joe Lowry said he'd be back in oz in a few weeks.
That stacks up nicely with the merger completion time-table and his likely involvement with SDV plans/construction.
From here til then its stealth mode acquisition time.
Look at today - creeping back up on next to no volume. Easy as.
The election result is a fizzer. Hung parliament means the worst of both parties' plans get rounded off and nothing much happens for 3 years. That is what Australia voted for - no mandate for anything big changing.
Never been a more exciting time to be waiting a few weeks for a gigantic merged lithium company to appear.
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