- No debt - A war chest of more than US $270 (or more?) - A producing mine that just had its known reserve upgraded by 42% - One of the world's biggest and highest quality undeveloped lithium brine deposits, for which the co. has received several offers of deals/JVs - A third mine project on the way
LITHIUM
- Accelerating growth in the EV market - Accelerating growth in home battery storage - Several industrialised powers planning to phase out ICE vehicles (Germany, China, Norway etc)
Anyone want to seriously argue that $2 Aussie is fair value for GXY?
It's March. Let's see where we are at in July.
GXY Price at posting:
$2.00 Sentiment: Buy Disclosure: Held