I had a dream last night.
I dont usually remember my dreams, but I woke up, almost in a fright.
Vulcan had formed a JV with Tesla, and it wasn't just about the lithium.
They would partner in our entire business...lithium, geothermal power and heat, copper, nickel and cobalt from Kuniko...the whole box and dice.
Going 50/50 in everything from research to capex and opex.
As I slowly regained my consciousness and senses, I dismissed it as merely a pipe dream. A manifestation of my want and desire
for such an improbable and unlikely pairing. I mean, Tesla buying lithium from us is one thing, but the hole box and dice.....fantasy.
A couple of coffees later, and my imagination starts to run wild.
The thought transforms from whatever, to what if..
I started doing some digging into the possibility, and the more I dug, the more it made sense.
1) Tesla is an EV motor company who need vast amounts of Lithium... Vulcan-tick
2) Tesla's also an energy company. Its emerging energy business, which had revenues of $US810 million in Q2, selling solar panels, and power storage, require lithium, nickel and cobalt. Vulcan/Kuniko- tick
3) Tesla has been interested in geothermal energy and brine since 2014/2015, when they tried to buy Simbol Materials (Salton sea California) for US$325 million. Unfortunately, back then, they couldn't justify the capex to build what they wanted, and the deal fell through.
4) Tesla is committed to being ESG responsible in its products and supply chain. Who better than to have Zero Carbon Vulcan and Kuniko on board for their raw materials? Vulcan/Kuniko-tick.
5) Tesla's gigafactory near Berlin, was supposed to open in July, but has been pushed back to December/January. It will be the most advanced high-volume e-car production plant in the world. Who better to supply their raw materials AND power, than from the brine down the road, and the metals from nearby Norway? Vulcan/Kuniko-tick
It actually starts making sense, and makes for a compelling argument.
So in my mind, this has gone from a pipe dream into a perfect fit!
I better just stop there.
This post is tongue in cheek and seriously guys, its just a dream, or more accurately, the ramblings of a Victorian, lockdown affected, schizophrenic madman.
Dont read too much into it..........I think I really need to get out.....
By the way, does anybody have Elon's mobile?
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