With the adoption of EV and mass storage take up around the globe happen in the rate of knots. Seriously, whoever still shorting this stock need to get their head check.
Even the unsubstantiate MS oversupply hype eventuate in the next few years, the battery grade lithium carbonate will still attracts at least $10 - 12 k US per ton, which GXY's DFS is based on, without doubt, a very high margin and sustainable long term business for GXY.
At the end of the month after the POSCO deal, bank balance in excess of $500 m plus monthly $ top up from MC operation that many of its peers in lithium or mining space can only dream of, don't think many companies in the ASX 50 have that in their bank account.
And most importantly, no debt and competent management team.
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