I'm thinking long term with the battery recycling stocks. Middle of next decade at the earliest for me to think of selling any. I want to let the industry grow which it will be forced to through regulation, cost and carbon efficiency
This is very early days, which is why I have put up a few charts showing as much. Battery recycling comes last after mining, manufacturing and the battery design life which is why patience is needed.
IMO it's going to be a massive industry eventually (2040+) taking the lions share of battery metal supply globally, and we have the chance to take a position at ground zero basically.
It might be wise to spread your allocation over a few recycling companies but you can't argue the peers are only a few years in-front of HNR and have a MC of nearly a billion dollars compared to our $30mil
I think of this like the pure play lithium miners back in say 2015. (PLS was probably under 5c back then). Sure I have cherry picked the best hard rock producer but it's an example of how you are rewarded for getting in early and staying in.
imagine paying 1c for a stock that ended up supplying 1% of battery metals globally by 2040. keeping in mind Mercedes Benz alone is potentially going to have 1 million tons of EOL batteries a year for recycling and the often not discussed stationary storage batteries that will require recycling.
Hypothetical numbers but worth a punt IMO
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