I agree that you disagree.
These investment houses know whats coming regarding the EV revo, they just want to get in on the action at a much lower price, so do their clients, VW, BMW, etc.
While I havn't seen the MS report, did they discuss the demand side, or just the supply side.
Over the past 2 weeks, there were a number of positive news releases for the whole supply chain, I suspect MS just keeping a lid on it until they are happy with their buys.
As one post on this thread, this BS will just make it harder for less adavanced juniors to get finance for their projects, which will delay supply, playing into hands of existing and near term producers.
Morgan Stanley beat Macquarie, page-74
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