This company is set to join Elon in space I do believe.
They are aiming to be the first zero carbon Lithium producer and have just taken Jochen Rudat on board as a consultant - he was one of Elon Musk’s top guns in Europe and ties to other high end car companies.
I have been riding this train for a couple of months and already pushing 100% return so loving the future here.
What do you see as a potential top up price? some hefty movement of SP lately albeit on the back of some good announcements... what do you see priced in at this stage?
What do you see as a potential top up price? some hefty movement of SP lately albeit on the back of some good announcements... what do you see priced in at this stage?
It would be a brave person to cap it I'd say. However, the German's put a figure of equivalent $9.50 on it which is up considerably on the Aussie brokers that had $2.50 only a few weeks earlier.
You have a company with a patented zero carbon Lithium product in a word where Carbon is everything in a time where Europe is leading a global switch to electric vehicles. The demand is huge. They are positioned in the heart of European car manufacturing with no direct competition. Their by product is geothermal power. And they have Governments incentivizing the operation further reducing risk.
You would assume that is built in at the $9.50 valuation given they are yet to build a plant.
I was waiting for it cool off a bit to top up some more, and every day it goes up another 30%, so I think it unlikely it will drop significantly any time soon. Once they are in production with negligible running costs one can only assume the balance sheet will drive a stock price well north of where it is now. At what point do you say you are paying too much for future capital gain and sit it out - vs FOMO that if don't get in soon you won't get your multiple bagger?
Bookmarks