Might also be a positive for HPA developers. A4N made a breakout yesterday to a new 9 year high on high volume. Up 20% on the day and might get extra attention again today after getting a strong endorsement by Graeme Newing in his blog last night. HPA is a critical and high value ingredient in li-ion batteries so probably getting increased interest after battery day. It is also needed to manufacture LED'S and that too is a fast growing use. Big and growing deficits forecast over the whole of the next ten years. A4n will become the world's largest producer and possibly the world's lowest cost producer as far as I can find. Recently partnered up with Traxys for marketing and offtakes and Traxys are a global specialist in sourcing and distribution of HPA. Finance expected to be closed by the end of this quarter. Big forecast annual free cash flows of $280mill from just $308mill capex and mc at $200mill compared to that $280mill per year cash flow. Compelling story and my largest holding. Set up for strong gains over the coming weeks with this breakout.
