Clean Energy Transition Inc V.TRAN

More nickel pumping : )

[Buyhigheatchips]

https://ca.finance.yahoo.com/news/battery-metals-shortage-threatens-ev-boom-sherritt-ceo-194706923.html

[LeMarcus]

Yep! I always think of RRS has a safe play (business wise) with a growing base business and couple loto tickets coming along.  In EV rush we are entering, with Langmuir package, i really think we are holding an option to buy nickel at 10$. So basically, beyond 10$ all the spread is in your pockets :) Spread * Resource in the ground = Real potential to reach a market cap way above current

[Buyhigheatchips]

Neat way of looking at it. Odds of a nickel boom marginally better than a typical lottery ticket maybe. A Mississauga fleet co ordered a bunch of Tesla and Workhorse EV trucks. That's one line in the story of the decade. 

[LeMarcus]

I agree that there is not much doubt about nickel boom. Question is how high is the price going to be in the next 2 to 5 year range. We need it relatively higher (+/-30%) before having a winning ticket!

[Buyhigheatchips]

Or maybe we partner with another miner who happens to seal a long term agreement with an EV maker. Interesting point that article makes about the price signal maybe not strong enough to bring supply in as required.  But if that's the case someone with a lot of storage should start stockpiling nickel now...thereby raising the price...

[LeMarcus]

Well, we can imagine some juniors "ganging up" to put some resources and production assets together and reduce collective risk!!