VML 0.00% 0.3¢ vital metals limited

It is just mind boggling to try and understand why chemical &...

  1. 366 Posts.
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    It is just mind boggling to try and understand why chemical & OEM will not just buy-out or invest in their mineral futures. For instance, the amount of money that Elon Musk has and the market share of Tesla, he could just buy-out VML to shore-up his REE supplies. It would be a drop in the bucket. No more worries for a couple of decades. It just seems odd that Volkswagen, Ford, Chevy, and etc etc. just want to purchase these minerals with contracts or spot pricing. Many of the miners are coming around to seeing that these low ball long term contracts are not in their best interests. It is tough I guess to "get off the Chinese titty". It is all about the almighty dollar (profits) and not about ethics, environment, Western values, & local jobs. I guess that is why I am a "little squirrel trying to find a nut". GLTAH.
 
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