Yeah but CTX could be bought for 2obucks a few months ago. If EVs were destroying big oil then Tesla would be worth $1k a share. Panasonic would be thru the roof - or Toyota would be going to the moon with their rain water car.
Gaurav just writing a nice story. CTX price has risen coz cream rises to the top. So long as it remains cream then CTX not going out of business.
But this is actually a spanner for graphite - not a good thing. Gonna impact other energy. And I was so looking forward to uraniums revival. The Canadians probably feel the same way. What a shame.
An electric threat to Caltex, page-2
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