TESLA or Not, GIGA is a serious buy.The EV market mania is at the beginning of creating a battery material frenzy. The combination of Carbon neutral, Ethically sourced, and Politically stable leaves the big automakers with few options and GIGA ticks all the boxes. The Low float adds fuel to the price.
Measured and Indicated resources - 5.2 billion Pounds Ni, at today's price in ground value of $ 35.36 Billion and Market cap is at $ 100 Mil. I haven't included the 312 Million lbs cobalt in the calculation.
The Tesla battery day is just 10 days away and Musk has constantly mentioned about the scarcity of Nickel in June and July. I am sure he will mention about it on Sept 22.
I am neither a Pump or Dump. Just like to say the facts...
Do your own DD...