ETM 3.33% 3.1¢ energy transition minerals ltd

vote on mining, page-105

  1. 78 Posts.
    As Rare Earth Mania evolves we will see a dynamic of sector consolidation emerge which will broaden the audience to include Wall Street, whose Goldman Sachs already has earlybird stakes in Lynas and Molycorp which are currently too small to merit this investment banking giant's attention, but, should Rare Earth Mania really catch on, would serve to qualify Goldman Sachs as hardly a "johnny-come-lately" when its analysts discover the rare earth sector. The Rare Earth Mania, however, will likely last less than two years, largely because the field of potential players is small and most of them will be swallowed by larger entities at very high valuations made possible by strategic logic trumping economic logic.

 
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