GREY:NEVDQ - Post by User
Comment by
patchhon Jul 04, 2023 4:02pm
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Post# 35526251
RE:RE:RE:NCU: Insiders and Major Shareholders (SP @ 25% Discount)
RE:RE:RE:NCU: Insiders and Major Shareholders (SP @ 25% Discount)
Ion Elon apparently has a chunk of the Lith Mine @@Thacker Pass... Musk owns 50 banks and private equity companies... here in nevada there is no direct connect w the carson city of bad men and Tesla. Ions supply side is in China.. 60% pf the batts priginate here.. small chunk is shipped to Panasonic in reno for thew Power Vac Operations (Industrial Power Supplies)
the copper (?) is smelted over on the pak rim and simply sold into the LME... the CtXs for NCI had a lok thru KiWi and the german govt. conttractually the copper goes to berlin..
after the Cu++ is process - a ticket is issued thrt the LME - Freight on Deck -or- Freight Delivery on the LME Futures.. there R two brokeraages that perform these swaps.. one is in shanghi and the other is in london. both hav very large yards and wharehouses..
the copper from NCI is not processes - then reshipped again point A to point B.. the commodityy simply enters the markets thru the exchanges and takes the path of least shipping resistance $$
copper after its processes enters into the contract markets... --> thhe LME is currently buying Russian Aluminum Ingots and have an inventoy of 55% sittingg in their 'SSquares".. ee market watchers - riters hav a collision coming when the volumes of russian stock[iles reach 65%.. the ALum markets took a pounding bak in 2022 arpund may.. had tpo do i think w the shipping restrictions/sanctions... the LME is contractually required to buy russian metals.. they coannot find anybody they can inshure that can ship the stuff.. the russian now hav a fleet of their own tugs from BRICKS partners...
copper may take a very heavy surplyus dive.. the germans do not hhav any gas to make cars,, the chinese may move to a self imposed sanctions regiment.. we saw this yesterday w the phrobition of the Indium Gallium Arsenide metals being shipped to the western producers and taiwan..
they will simply jak the production cost here and then come bak in @ 8 to 14 monhths w next generation devices.. that intel plant sceduled for germany is 3 to 5 years out.. as to the immediate lipp service.. the krauts are jumpin like a biden.. we will make 600,000 155 cannon shells annually; well that all fine and dandy --> except they bhav closed all of their heavy streel m&m' mills several months ago.. no gasss...
where does the price of copper go into 2024.. who knows.. we will probably hav to wait until the Vickings Land in NYC for liberations...