Tl;dr: Read up on Kodal Minerals (KOD: LSE AIM) and consider taking a punt. I am not a financial advisor, take my analysis at your own risk.
International EV manufacturers have collectively shot to the moon this year. TSLA is likely overvalued, NIO performance has slowed. There are likely to be a range of discrepancies in supporting industries where securities are undervalued (e.g., steel). Undoubtedly, these industries will grow to meet the needs of EV manufacturers as governments set ambitious targets to halt the production of FF vehicles.
Ref 1: https://www.bbc.co.uk/news/science-environment-54981425
Ref 2: https://oilprice.com/Energy/Crude-Oil/Is-Elon-Musk-Wrong-About-Lithium.html
If you have not considered the lithium market yet, you should. As global demand for lithium rises (for EV li-ion batteries) demand is set to rise dramatically, and current supply is insufficient. As such, there are likely to be a range of lithium mining/exploration start-ups that will do astonishingly well in months and years to come, despite the fact lithium as a commodity has fallen in price. Moreover, as lithium is now in a dip, it is an excellent time to buy into the industry.
Ref 3: https://www.ft.com/content/b9395e8c-9321-4351-b98d-a664b1e99b03?sharetype=blocked
Ref 4: https://twitter.com/KodalMinerals/status/1334435246872399873/photo/2
I draw your attention to Kodal Minerals (KOD: LSE), a British firm headed by Aussie Bernard Aylward, who comes to the firm with high repute. KOD is a mining & exploration company currently developing a project in Bougouni, Mali, with a whopping 350km² of potential mining operations, expecting to haul 1.94 million tonnes of lithium over 8 years, with an estimated 1.4bn revenue. The company is currently sat at a hilarious market cap of £9m, trading at p0.08/share. The project is in large part funded by Suay Chin, an enormous player in the Chinese lithium market.
Source 5: https://kodalminerals.com/project/bougouni-lithium-project/overview-highlights/
Source 6: https://www.youtube.com/watch?v=fdyMZvQzcDg
The current market valuation remains low as KOD awaits a mining permit from the Government of Mali, which is expected in a matter of weeks. I anticipate that as the permit is granted and project action begins, KOD stock will perform extremely well and hopefully pay for my next Christmas dinner, at least. They also hold gold mining permits in Mali and Côte d'Ivoire which will shore up the share price. Definitely worth a look at.
Disclosure: I am in 295k KOD shares at p0.08.
Submitted December 22, 2020 at 07:54PM by hotcrumpet https://ift.tt/37EtGwK
