Well, consider this - China auto companies are starting to convert to pure EV production.
https://paultan.org/2017/12/12/chin...engine-vehicles-by-2025-going-fully-electric/
+ China is the biggest stakeholder for DRC cobalt
+ China still has only 50% of stated demand covered and more is coming
+ Major auto companies like VW, BMW, Mercedes, Tesla are moving to secure supply of raw materials
+ Industry forecasts I’ve seen show an inflection point emerging from 2019 onwards. Meaning demand will far outstrip supply of lithium, cobalt and other key base materials
+ Any supply from DRC is way too politically uncertain so anyone with a solid PFS or near BFS and close to production is just $ lying on the ground ready to be picked up.
As always DYOR but combine it with solid management and a stable political env and you have a no brainer investment.
' The Road to 20 ', page-333
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