Well, consider this - China auto companies are starting to convert to pure EV production.
https://paultan.org/2017/12/12/chin...engine-vehicles-by-2025-going-fully-electric/
+ China is the biggest stakeholder for DRC cobalt
+ China still has only 50% of stated demand covered and more is coming
+ Major auto companies like VW, BMW, Mercedes, Tesla are moving to secure supply of raw materials
+ Industry forecasts I’ve seen show an inflection point emerging from 2019 onwards. Meaning demand will far outstrip supply of lithium, cobalt and other key base materials
+ Any supply from DRC is way too politically uncertain so anyone with a solid PFS or near BFS and close to production is just $ lying on the ground ready to be picked up.
As always DYOR but combine it with solid management and a stable political env and you have a no brainer investment.
' The Road to 20 ', page-333
Add SYA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.5¢ | 3.2¢ | $1.588M | 47.74M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 6079508 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 5457623 | 20 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| SYA (ASX) Chart |