They are not building these factories for the fun of it.
If it was only talk to build these gigafactories then I would not be so bullish.
These companies are laying down the cold hard cash to develop & be early movers/ innovators in the new age & want to stop as much competition as possible.....But even with 28 Gigafactories to be ONLINE in the next decade, seems demand is insatiable.
NONE of those factories are building batteries out of air (yet)...these beasts need a steady supply of arsensic free, ethically produced Cobalt...........And I know just the company they will want to get into bed with.............or kick us out after paying us handsomely.
Despite the naysayers, I think those stats give a pretty fair indication of the path forward.
Hold your shares close & hang on for the ride, its easy to get bucked off.
(18c takeover - Pffffttttt)....more like 18c annual dividend
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