How’s the mood guys! Anyone would think it’s time to buy.
Few key points;
Gangfeng hold 8% investing some at 60c
Mineral Resources holds 7%
POSCO hold 4.5 % investing at 80c
Great Wall hold 3%
John Young holds 1%
That’s 23.5% of holders that haven’t gone anywhere, that are pretty connected to the industry.
ALB splashing out $1.6Bil
WES splashing out $775mil
Toyota going 50% electric by 2025
Tesla killing it
https://www.visualcapitalist.com/animation-u-s-electric-vehicle-sales-2010-19/
The numbers and dollars are there. Stock price is volatile, it always will be
.PLS is on track and they’re reacting to conditions. What do you want Ken to do? Get on the tools and build out Gangfengs converter for them? The relationship with POSCO is a masterstroke, it distances our reliance on China.
We’re a producer. The hardest part is done. Mechanisms are in place for us to scale up while other explorers are going to have a lot of trouble financing.
The wave is still going. The bottleneck will clear and we’ll be front of the line to cash in.
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