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Macho Man Savage

1,154 Posts.

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01/09/22

22:11

Post #: 63472797
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Originally posted by Petemate: ↑

Have a watch of this from 9.30 minutes in.
Elon musk stating that the limiting factor is battery materials and refining for the exponential growth of battery manufacturing.
He then goes on to say that his master plan 3 to accelerate this limiting factor will be completed with in a month or two with a slight smirk .

My speculative take is that there is a possibility of tesla buying a 50% or controlling stake in cxo to form a joint venture in a hydroxide facility.
As cxo and tesla have just recently revised negotiations till the 26th of October..

If these hints don't involve cxo none the less what every it may be this master plan 3 will be very bullish for the battery minerals sector.

I've been holding cxo since the first drill holes in bp33 n grants sold out at 8.6c and moved over to pls but re-entered at 4c albeit a smaller amount then my initial holdings.. have been lurking in the shadows ever since.
A big shout out to all the long term holders who helped me fully understand the ins and out of spodumene minning. Cxo thread has been the most informative much appreciated and well deserved Gltah cheers!

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Thanks for this great video.

What did he say at 11:20 - "in a month or two" (isn't that when the new CXO deadline is regarding Tesla).

Is this a big clue, or am I barking up the wrong tree here?

Randy

CXO Price at posting: $1.36 Sentiment: Hold Disclosure: Held
18 Upvote

0 Great analysis

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