Re EV uptake - Mythical or real ?
The people that measure it say it is increasing. [See link.]
So more manganese required going forward for battery's according to Ford and GM [and probably others]
Trump has put a brake on uptake of EV's in the US with "drill baby drill" but this is probably to become irrelevant as over production from traditional producers will kill shale oil production and so oil price will bounce around.
With advances in battery technology EV's become increasingly attractive.
It will be nice for JMS buyers who are in at lower than Exarro buy out price to make a profit but we will kick ourselves if manganese demand goes logarithmic.
https://finance.yahoo.com/news/global-ev-sales-hit-record-111523905.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuYmluZy5jb20v&guce_referrer_sig=AQAAAJwiFfsJciDX3ZA3FJLpASzS3g-YweCqi9ZJ1L93QhhGpTiupzBg6s_Hq7pWFRvyEWKQD6d6e-svz3KQOXrv-PF8j7NoSgBVO41M19xfwBomH5XH6eKhVBCMUge_Ah2qW3x1zD4W-hJfatLUIxrSqSOQqTG9BwFjq18If-IylBar
Ann: Jupiter welcomes Exxaro as prospective partner & shareholder, page-77
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Mkt cap ! $392.2M | |||
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