Being a confirmed petrol head, I was amazed yesterday at how quickly I was converted to the belief that electric cars will dominate the car industry of the future. After only an hour in Teslas P100D I gave up any desire to own a Ferrari or Lamborghini, the Tesla sedan makes those super cars look like slugs ! A head snapping 0-60mph in 2.8 seconds and top speed limited to 145mph leaves any petrol guzzler in its wake and with a range of 320 miles between charges waiting half an hour for a top up is just the right amount of time for a cup of coffee. What has this got to do with PM8 you might ask ? Well the key to such mind blowing performance is the Nd/Pr used by Tesla in their new electric motors without them the car would be about as responsive as a 1960's milk cart. With the mass produced T3 due to start hitting the streets next year people are soon going to become aware of and WANT this new technology...... Demand will undoubtedly drive up price in a supply deficient market; Eagerly awaiting the results of the current drilling.
PM8 Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
