Hot Copper tin foil hat time. Gather round everyone.
South Korea President Yoon Suk Yeol is meeting with Canadian PM Justin Trudeau 22 and 23 this month. Critical minerals are on the agenda.
https://pm.gc.ca/en/news/news-releases/2022/09/16/president-south-korea-yoon-suk-yeol-visit-canadaAlso, our PM Anthony Albanese just met with Justin Trudeau in London. They’ve both met with King Charles, who is a massive climate change advocate (pretty sure he’s legit - has a car running on wine and cheese, got rid of his Tesla for a Jag ev).
They could have just been speaking about the Queen May she Rest In Peace, but they could have been discussing other things as well. NFI from me obviously. This is tin foil hat time.
https://www.dailytelegraph.com.au/entertainment/celebrity/queen-funeral-anthony-albanese-and-justin-trudeau-meeting-dozens-of-world-leaders-gather/news-story/1510d459eabfa5ee5a18dd0bf173b06fUSA also apparently is investigating whether to fund Canadian mines
https://www.eenews.net/articles/biden-admin-eyes-funding-canadian-mining/Canada’s minister for science, innovation and industry just met with Tesla at their factory in Fremont, California.
This is is potentially due to the Tesla gigafactory to be built in Canada.
https://www.teslaoracle.com/2022/09/18/canada-minister-of-industry-visits-tesla-fremont-factory-which-thickens-the-plot-of-gigafactory-quebec/Champagne was in Yellowknife 2016 so they are familiar with the project.
https://www.canada.ca/en/department-finance/news/2016/01/parliamentary-secretary-franaois-philippe-champagne-consults-the-people-of-the-northwest-territories-on-the-2016-budget.htmlVML and Reetec have and offtake agreement
https://vitalmetals.com.au/vital-metals-executes-definitive-offtake-agreement-with-reetec/Reetec and Schaeffler
https://www.greencarcongress.com/2022/04/20220425-reetec.htmlSchaeffler and Rolls-Royce have a deal
https://www.schaeffler.com/en/media/press-releases/press-releases-detail.jsp?id=87808513To finish, the EV sector in Canada apparently could be worth $48 B per year apparently……
https://electricautonomy.ca/2022/09/14/report-ev-economy-clean-energy-canada/What could all of this mean for VML?
The SP has just been smashed. The market is down. Geoffrey was ousted by Lionhead. Now the shares are skewed more on the sell side.
However, I am still optimistic for the future. Geoffrey and the team seems to have been a master strategist and had set the systems up for the company to succeed. These things took time because I think to be done correctly that they need the time. The deals have been probably made. Additionally, I’d like to think that Lionhead were strategic with the timing of joining us with the bagholding. Or they simply joined because this is where the big deals start getting made.
David Connelly has already met with German MP’s and VW, Mercedes, Siemens and BINZ Automotive
https://www.nnsl.com/news/german-delegation-eyes-nwts-critical-minerals/It may take another year to get out of the rut the SP is in, but the SP will improve definitely. Or hell, maybe that last statement is also me saying this with my tin foil hat on.
Thought I’d throw this out there if you’ve stuck around and read all of this, why are they still languishing with a share price at 3.8 cents?
(20min delay)