WA1 7.83% $19.28 wa1 resources ltd

@bluesmoke ... Someone can see a stock and think it's...

  1. 8,846 Posts.
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    @bluesmoke ... Someone can see a stock and think it's overpriced, then do a lot more study for their down ramps and realise that it's not undervalued at all when they do more and more research.
    For smart people they will change their minds when the research justifies it. The more you look into details of Niobium the more any of us realise the future just about guaranteed in a world heading towards as much renewables as possible.

    In a world of massively increasing cheap fossil fuel use, Niobium is not needed as much. With cheap fossil fuels, you can just use thicker cheap steel. With expensive fossil fuels, then thinner stronger steel, makes more sense economically, for every application.

    In a fossil fuel constrained world, then thinner stronger steel makes much more sense for manufacture of the steel, and transport of iron ore and final steel.

    All this before any applications for batteries, but if the alternative to increasing fossil fuel use is EVs and batteries for everything, then all the battery benefits of Niobium also come into the picture, very rapidly.
 
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