AUZ Chart, page-2365

First 2365 Last

Share
Profile

Follow
skianimal

139 Posts.

74

26/10/18

09:57

Post #: 36269483
Share

Originally posted by Merlin88 ↑

In the midst of what appears to be a 'perfect storm' for battery metals stocks and AUZ in particular atm, it's wise to not underestimate the sheer scope of SKI's plans and then relate them back to what will be required to fulfill them.

Already covered is their relationship with Daimler and proximity to their manufacturing facilities in Hungary. And already covered is the requirement of manufacturers and battery makers to be in close proximity as shipping is a huge issue when one unit weighs half a tonne and they are shipping hundreds of thousands. Already covered likewise are SKI's Chinese plans and their preemptive investment in Changzhou, next to BAIC ( who also make Hyundai and Mercedes branded cars for sale in China through Beijing Hyundai and Beijing Benz respectively which will extend further through Magna International who are taking over one of BAIC's factories in Changzhou.
What hasn't been covered is SKI's factory in Komarom is also well in proximity to Hyundai's huge Czechoslovakian and Kia's Slovakian plants. These firms are existing battery EV customers, that is well documented and fact.

In addition, of great interest are it's US plans. Hyundai have a 300,000 pa car plant in Montgomery, Alabama, whilst Kia have a massive plant at West Point Georgia ( which Hyundai stumped up the funds to build). These are linked by the I-35 highway less than 100 miles away from each other then the Daimler plant at Tuscaloosa, Alabama and you have three of its existing customers clustered together....there are no prizes for guessing where the SKI factory will be built. Add BAIC in Mexico ( 2 billion plant under construction) etc etc and the evidence is quite compelling.

The resources required to fulfill these plans will be staggering indeed and will require the total output of one decent mine, maybe two. They will not have the luxury to shop around, they need to tie up supply asap which we are in the middle of now. It is, imo, a 'hand in glove' match with AUZ and I am of the firm belief that they have no intention of looking elsewhere, and is the main reason I stay optimistic about this company.

Expand

Great post Merlin88. Most people including investors underestimate just how soon the electric vehicle revolution will be upon us. Next month Hyundai will have the Kona on sale for about 50-60 thousand. With a range of nearly 500 km it will be the first affordable and practicle electric car in Australia from a major manufacturer, a real game changer. Give it a couple more years and the market will be swamped with electric cars, petrol / deisel will be a thing of the past. All these new electric cars will need lots of battery making materials, Auz is in the right place at the right time. The current low share price is just a great opportunity to invest in Auz.

AUZ Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
13 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

What's causing the cost-of-living crisis, and how to navigate it

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins