RE:But dont worry, ACDC is different, like a super hero !!!
there are mines that are in fairly advance stages and companies strategically partnering with well funded established companies that they are selling 75 percent stake to which is being done by new age metals in one of its mine in Manitoba Canada with a binding contract with a huge Australian company. Nam has attracted a mining guru who wanted to back the company more bur was not able as the last pp happened despite that he has 26 percent company shares. I have been thinking strongly to get shares there at .10 but it is pushing .105 there is still possibilities at .095. The only way I would have done it is give up half shares here and due to fees end up with equal amounts of shares. That may be a better short term move if this remains stuck hard to say. The point of contention besides the overbloat of shares is people still consider this to be a scam but once product outflow happens I suspect this will blow past a quarter BUT that is not easy to tell whether the charging walls which should be the first product out theoretically speaking will outpace any hype news on nam. Longer term providing not the so called scam people calling this pass out this has more value with the crypto and yes mines take time to develop. Do I think evs will get entirely derailed no. Telsa etc would be abandoning all this so as with anything else there are supply chain issues. People need to compare apples to apples not apples to oranges I believe I gave box office sales as an example. Pre covid a lot of Disney movies earned 700 million plus in ticket sales during covid if movies make 500 million that is a huge success but blockbusters earning 300 to 350 million not so. People can't expect covid numbers in revenue to match pre covid numbers and have to look at the new temporary normal within its own comparative light. This is why it was stated by a investors guru forgot the company in New York stating that this will be the hugest period of growth in the US in 45 years because the economy got so decimated that getting back to where things were precocious will be massive...movie terms going from 50 percent back up to 100 percent so shares to companies will rise massively however due to the inflationary pressures you will have an offsetting cooling temporarily with the increase of interest rates so there will be lots of volatility with stocks until things settle down and the whining brokerages accept the rate hikes and stop biatching moving forward and the volatility becomes less share prices stabilize and start to climb again. So yeah this is to be expected and everywhere so meh to the article. There is another company Rock so there are lots of people on it who will be looking to fast track production as was done for the covid vaccine and I believe there will be growing supply with the prices heavily declining in which these companies mining processes will have to be so cheap they don't collapse under the sharp drop in lithium prices that what happened to old companies in the solar market the natural gas market cannabis etc...so the mining stocks catering to ev or anything you have to be careful as with any stock take your profits while they are there. Yes anything in terms of energy takes time to develop but if you presenting this article think the industry will collapse not likely not anymore than any other facing supply chain issues it will adapt. If this was a problem Musk would run away. That is why it makes sense to have also diversified into crypto. This company is not stupid contrary to people beating up on it so let's say there is slow down on evs and many products perhaps that is why Bryson Goodwin said it is the crypto that brings the best shareholder value and yet people start saying they have no focus...no people have no vision more like!!!