Katanga Mining Ltd Ord KATFF

Tesla warns of coming battery minerals shortage

[Sogosohubidu201]

https://www.mining.com/tesla-warns-upcoming-battery-minerals-shortage/

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@Tesla warns of upcoming battery minerals shortage. "said it believed that prices for key elements in the making of rechargeable batteries, including #cobalt, lithium, nickel and copper, could increase exponentially as a consequence of limited supply"

[SAM1492]

If that’s the case why is it still dropping in value.  I really thought we had fit bottom but it just sinking. 

[fischerkus]

I dont know why shareprice drops but when you look at the cobalt price it rose about 24% within one month: https://www.lme.com/en-GB/Metals/Minor-metals/Cobalt-Metal-Bulletin#tabIndex=2

[stockhunter20001]

Guys, people are losing patience in this stock. That's why.

[bigguy56]

The timing of this thing is interesting. I got out of almost half of my holding at .78 and .68 simply based on seasonality. I figured that February would be a peak and I was right. Now it is going lower than I ever thought it would go. I think the only strategy that one can hope to deploy is to buy in at regular intervals like monthly, since we don't know when it will turn up for the next

[fischerkus]

that is my opinion too. Its not only KAT which is under pressure, also FCC and other small ones. It seems investors avoid the cobalt sector generally. But in my opinion the big picture of battery technology and electric vehiecle market has amzing huge potential and it is only a matter of time. - BYD chinas top 3 EV producer decided to switch from LiFePo4 to Li Ion with Cobalt. - VW does not deny