RE:RE:RE:RE:RE:RE:RE:RE:Goad Well... here are my thoughts on the issue.
complex to say the least. Complex deposit, complex negotiations and complex markets.
everyone here invested in an opaque market...not sure when they realized these things take time. That said- we have gold, but are not a gold mine... I find often times we (generally speaking) assume things will be fast moving... well... no
ask the general public what is in batteries... their response alone should validate how premature the maket still is.
but... soon... that will be the new V8, turbo charged and super charged nomenclature autos have.
battiers that power vehicles+shift in industry sentiment are all very real things happening before our eyes.
Tesla started it. OEMS followed them, and governments promote them.
yes I'd say we are just about in the right spot considering tensions between the east and west are ever more prevalent. Having a controlling stake in anything never really boded well for any country in history right?! - fact check me on that- please
But leave that aside. Let's talk about greed now. Tesla started it. Don't forget. A shite stock very volatile. Company hemorrhaging cash. People- the traditional oems laughed them off. Considered them a failure. But after years of eating it but selling a story... it finally stuck. But what also happened by them surviving, is they demonstrated visionary ideas like energy storage/production from an vehicle company is not traditional but it can make money... well hello oems welcome to the party- they were sleeping at the wheel. But in short order after eating market share form they lines of vehicles they all came to market quick... I can name 20 electric vehicles I would buy over a Tesla. The corporate greed is real and all the oems now have announced electrification plans
I would love to sit here and blame someone for not teaching me what I know now, before I invested. Timing is everything, always. We got in early (some of us). So now we wait
That’s my take on the macro.
Now, specifically speaking to ft.
Factually speaking we know what we have an we know the potential for expansion is there.
We also know the road will be done very soon.
Some blame ft for their previous failures… but I’d argue the opposite. They made moves at the wrong time so they had to sacrifice something… so they gave up on aurcana to salvage Nico… well let’s see if they made the right bet. I like to think so.
I have had the pleasure of meeting with Robin- he is a smart man and knows Nico. He also knows what it’s worth.
So yea, our stock isn’t doing hot right now. But which cobalt jr is? They are all well off their highs. Ft is on the precipice of game changing announcements that will alter our course… but it all comes down to how…
That is why I have waited. Good luck to all longs and let’s hope we hear some great news.