Ann: BMO 31st Global Metal and Mining Conference Presentation, page-2

The more i look into JRV the more i like it as a long term hold and do believe if they make production for a quarter with no hiccups they can double market cap from current point.

1st point - Mummy Russia, this d*ckhead Pootin, i imagine will have pretty much shagged his cobalt exports and home use markets, either way it could be sanctioned of for a long time, 4% don't sound like much but with demand already high and growing 4% can affect 20% plus on price easily.


2nd Point, The refinery in Norway - now a more consistent option for all the European car makers with low supply risk.

3rd Point, The DRC i think will come into focus alot more, especially with most cobalt producers now highlighting the human rights abuses, once it gets pointed out that BMW and the like are profiting billions (3.8) - how can they justify DRC used products. This will become like ECG or clothes makers using slave labour.

4th Point - USA refinery - Pootin has really highlighted the need for self sufficiency, if China go for Taiwan then it will really put the screws on china products, they have backed themselves into a corner and i suspect thats why they are soft on russia at the moment, if they get drawn in and resources get stretched, China will go taiwan nothing more certain, then the USA is screwed as a manufacturer, then you will see a global collapse for sure.

So I'm guessing that's why we are seeing some out of step buying on no announcements and production in USA scheduled for Q3 & 4 2022, soaking up near term producers will be a strategy of many with serious $$ in the next few years i believe.

Insto's are buying, you can tell buy the "no need" price drops they keep putting in, this is not mum and dad buyers, this is someone with a strategy.






DYOR

Ant...