ESR 20.0% 0.6¢ estrella resources limited

The Tesla Effect

  1. 2,524 Posts.
    lightbulb Created with Sketch. 142
    I think investors are completely under-estimating the Tesla Effect. Since Tesla came to market with its electric vehicle range its put a rocket under the price of nickel, exploding it to highs not seen for many years. By using nickel, Tesla can get a 15 per cent reduction in the cost of its battery cathodes on a US dollar per kilowatt hour basis. “In order to scale [production], we need to ensure we are not constrained by total nickel availability,” said Elon Musk. What Musk is really saying here....."Tesla is going to gobble up the worlds supply of nickel". Given what the worlds most richest and powerful guy wants in this world is nickel what better way to explore this nickel market than to jump aboard a junior nickel explorers like Estrella Resources. Now ESR needs to keep on digging up the good high grade nickel, then get into bed with Musk for a match made in heaven. Happy Trading and may your next trade be a winning trade!
 
watchlist Created with Sketch. Add ESR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.