AUZ - Fireside Chat, page-193

I notice on news.com this morning the story on simmering tensions between the USA and Saudi Arabia.
Talk of sanctions and retaliations.
Could be all talk hard to tell at this point but the consequences are obvious if threats turn to actions.
Oil will rocket in price, Saudis claiming they will take it to $200 a barrel or double that.
I m no fan of electric cars with costing twice a ice car with a lousy 300km range as in the Nissan leaf.
Oil at $200 a barrel would be a massive game changer spurring development of Evs to improve the
above figure.
This would support a massive increase in demand for cobalt and under this scenario Auz could be
in the box seat.
All talk for now but the above could easily happen with President Trump standing up to dictators worldwide.
With a hot headed prince running the Saudis the mix is there to be ignited.