Ann: Drill Hole Intersects Further Graphite Mineralisation, page-18

When Goldman Sachs down grade Tesla It send a wave that affected sp of Lithium, Cobalt and Graphite stocks.


In early 2017, Sam Volkering, from Money Morning , expressed his point of view .

To me Sam was right.

Tesla sp down a bit in late 2017 but up high in 2018 -2019 .

His conclusion: "But into the future, these could be one of the best resource plays on the ASX today."

Let's hope for Lithium, Cobalt and Graphite stocks.

MLS got all the above mentioned stocks, all high grade .

Let's raise hopes for MLS.

Part of Sam Volkering's article :
(I used "B" on 2nd and 3rd "B").

"What now for lithium, cobalt and graphite stocks?
Is Goldman Sachs on the money? Are they seeing something that the rest of the world doesn’t see…or doesn’t want to see?

We’ve actually been quite bearish on Tesla for around a year or so now. We think the EV maker is running more on hubris than any actual delivery of targets. They are yet to actually deliver a model on time, and are yet to even get close to their future production figure estimates.

We think that Tesla has too much debt, won’t make or sell enough cars, and is actually now lagging other car companies in the development of a mass-market, affordable EV. In fact General Motors has already released and is selling an EV for less than $40,000 that has a range of around 238 miles. They call it the ‘Bolt’, and it’s the first ‘affordable’ long range EV.

However while Tesla’s battles are one thing, it’s another to punish lithium, cobalt and graphite stocks across the board. The EV market is one that will last for many years. In fact, in the future we view lithium-ion battery power as one of multiple energy sources for cars. As there is petrol and diesel at the bowser today, tomorrow it will be electric and fuel cell options.

As such, there is long term potential for many lithium, cobalt and graphite stocks.

But for now all of these markets are showing signs of overheating. And it’s quite possible there will be pullbacks short term.

But into the future, these could be one of the best resource plays on the ASX today."