Li-Cycle developed the recycling technology for its hubs and spokes using KPM as an engineering partner (which is also Ucore's partner). But now look at Li-Cycle. Down 23% today alone.
Which is odd considering that Canadian Prime Minister Justin Trudeau and European Commission President Ursula von der Leyen both visited Li-Cycle's Kingston facility recently. And US Senate Majority Leader Schumer visited their Rochester, NY facility recently (and saw to Li-Cycle being awarded a $300 M loan from DOE).
My sense is that these depressed prices are temporary. The US and Canadian governments are not going to allow any more Solyndra-like fiascos to occur going forward. Li-Cycle (and Ucore, ultimately) will get the needed funding to support them. These are investments where you can't lose.
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P.S. Anthony Lowther has just been added as a speaker
at the all-important Magnetics Conference in Orlando (https://www.magneticsconference.com/speakers). But what about Pat? That is the critical question. Did he make a good enough impression at Lockheed to get an invitation? We shall see.
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P.P.S. Veritasbob already has his tickets to attend in Orlando. He will report back to this board on all the important speeches and developments.
;)
P.P.P.S. Because it's been a while... Tesla, Tesla, Tesla!!!
;)