| Issuer / Publisher: Analyst Research / Key word(s): Research Update/Drilling Results
Analyst Research: New research on Erin Ventures shows massive undervaluation
07/13/2022 / 15:16
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New research on Erin Ventures shows massive undervaluation (Mannheim/Victoria) The Canadian company Erin Ventures Inc. specializes in exploring for deposits of the chemical element boron. Boron is one of the most versatile raw materials and is used in thousands of everyday objects. Boron and its borate compounds are mainly used to harden glass, ceramics and steel. In the course of climate change and the energy transition that has been initiated, the element is becoming increasingly important. A current electric car contains around 50 kilograms of boron, and an offshore wind turbine even contains up to 6,375 kilograms. Credit Suisse expects the bore market to grow by up to 1,000% by 2050. In the past, a duopoly between Turkey and the USA has formed around the world for the production of boron. Together, these countries provide more than three-quarters of the world's super-material. But reserves are scarce and demand is already exceeding supply. From these points of view, the analysts at MMG Capital in London, based on the PEA study recently published by Erin Ventures, took a closer look at the company and came across a massive undervaluation. Learn more about Erin Ventures and the world's only publicly traded pure boron project with tenbagger potential on the new research platform www.analyst-research.com.
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