Ann: MYL Investor Webinar, page-151

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Kalenn

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16/08/22

08:15

Post #: 63131875
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Originally posted by PGFin: ↑

It’s a very good article in national media today if you are a shareholder in a sustainable nickel miner.

The majors are racing to increase their exposure and can’t get enough. Mallee could not have timed their run better IMO and are ideally placed to benefit for the bullish price within the upside of near mine exploration. BHP on the hunt for more sustainable nickel too so with an existing 20 year LOM I reckon a takeover potential may support higher market cap.

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Originally posted by sunny coast: ↑

Perfect timing...perfect asset?...ABC News today...

About 50kg of nickel goes into each Tesla battery but the world isn't producing enough to keep up with demand

Extract....

Mining companies in Australia are racing to find the next big reserve of one of the world's most in-demand metals.

Key points:
Australia was once a world-leading producer of nickel but fell behind

Now miners are racing to find the next big reserve of the metal, which is a key component of batteries

Big companies are ramping up production and are on the hunt for more mines

Nickel is a critical metal in batteries, and as the world keeps moving toward renewables, more batteries are needed to store energy.

In fact, there's a strong case that much more of it is needed than lithium — a commodity many people know of, because it is in the name of lithium batteries.

But there are a variety of batteries made with different metal compositions and, as Elon Musk puts it, batteries need a sprinkle of lithium compared to nickel.

https://www.abc.net.au/news/2022-08...rgy-race-to-produce-to-match-demand/101334424

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Yes, should be compulsory reading for the 3000 plus share holders of MYL so that they understand the upside next year when Avebury is in full swing!
MYL Price at posting: 70.0¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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Ann: MYL Investor Webinar, page-151

Top Stories

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

New results confirm Buena Vista's iron grades potential

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