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Nice job! The LWLG I started buying then in early June at $3.20 or up higher is dancing around the $14s today. Almost a 5xer and their green photonics solution isn't even known by the street. But I heard some 46 institutions are on board now, one with 145k share position.
But PS, this is the Nextsource board...or was....
June 7th versus NOW.....Will U look at THAT
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166791507
That is why I've been investing in phosphate mines......
High this morning .65
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166672949
And....
https://midasletter.com/2021/11/forget-lithium-ion-batteries-graphene-aluminum-ion-m-the-next-generation/
Now what? NEXT does only SuperFlake graphite and pending Green Giant Vanadium. No cobalt or lithium. Cobalt is fading and being replace by iron phosphate I believe by Elon Musk
Forget nickel / lithium / etc. / etc.
Breakout ! in GMG
https://midasletter.com/2021/11/forget-lithium-ion-batteries-graphene-aluminum-ion-m-the-next-generation/
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Agmg&x=58&y=13&time=100&startdate=2%2F4%2F2021&enddate=11%2F23%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
Forget nickel / lithium / etc. / etc.
Breakout ! in GMG
https://midasletter.com/2021/11/forget-lithium-ion-batteries-graphene-aluminum-ion-m-the-next-generation/
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Agmg&x=58&y=13&time=100&startdate=2%2F4%2F2021&enddate=11%2F23%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
I will look into the GMGMF a bit more. Need to understand their costs and if it can be scaled up for EV batteries as well as home storage batteries. Need to see if there are more detailed battery specialists that can evaluate what they are doing (independent review) but having Bosch as a backer for upcoming 2022 plant is promising.
THere's lots of new kids in town, everywhere you invest. LOL
I don't have a lot in NEXT at this point, as I was carried away by Lightwave.
Aye but there's a new kid in town (whom perhaps I've mentioned before?)
Disruptive technology = Graphite/Aluminum
Tesla Is Winning the EV Race. Better Batteries Will Help Ford and GM Close the Gap.
By Al Root
Updated October 31, 2021 / Original October 29, 2021
A morning briefing on what you need to know in the day ahead, including exclusive commentary from Barron's and MarketWatch writers.
There’s nothing standing in the way of the world’s auto makers and an electric-vehicle future except the batteries to power tens of millions of cars. The auto industry is betting that’s a problem money can solve.
Consider Ford Motor (ticker: F), which recently announced the largest single investment plan in its century-plus history. Ford and its partners are planning to spend $11.4 billion to build manufacturing facilities in coming years that will do for Kentucky and Tennessee what Henry Ford did for Dearborn, Mich., in 1917, when he developed his Rouge Plant on the banks of the Rouge River near Detroit. BlueOval City, a sprawling megacampus planned for Stanton, Tenn., and the nearby BlueOval SK Battery Park in Kentucky, will handle everything from housing suppliers to assembling vehicles to building batteries for EVs.
Illustration by Senor Salme
The projects will cost $11.4 billion. Ford will spend $7 billion; the rest will be contributed by its Korean battery partner, SK Innovation (096770.Korea). About 7,500 workers will be hired to build batteries at the facilities, more than the combined workforce of Ford’s Livonia, Mich., transmission facility and Chihuahua, Mexico, engine plant. Ford expects to make enough batteries to power at least one million electric vehicles a year by 2025. “The scale of this is historic for Ford,” said Greg Christensen, Ford’s electric-vehicle-footprint director for North America. “Without it, we won’t win.”
Ford isn’t the only company with big plans to win the battle for battery supremacy. General Motors (GM) plans to spend $35 billion on vehicle electrification by 2025, up from prior spending guidance of $27 billion, while Volkswagen (VOW3.Germany), the world’s largest auto maker by volume, plans to build six battery facilities in Europe by 2030.
Tesla (TSLA), with a big lead over the legacy auto makers, is still investing in battery capacity and technology. Overall, auto makers controlling about 50% of the global vehicle market have earmarked about $75 billion for battery development and manufacturing through the end of the decade.
Read More
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Auto manufacturers know that the industry has to grow battery capacity fourfold by the middle of the 2020s to meet companies’ announced EV goals. Battery manufacturing also has to get much more efficient to bring down the costs. That is an enormous challenge, given far-flung supply chains and competitive pressures. Right now, the global battery supply chain meanders for more than 25,000 miles before a battery winds up in a car.
“EV adoption is soaring much more quickly than we thought. In five years, there aren’t going to be as many traditional cars to sell. ”
— Gary Black
But failure isn’t an option, and the opportunities for smart spenders, savvy suppliers, and their investors could be immense.
“EV adoption is soaring much more quickly than we thought,” says Gary Black, a manager of the Future Fund Active exchange-traded fund (FFND), whose top holding is Tesla. “In five years, there aren’t going to be as many traditional cars to sell.”
Electric cars and trucks use rechargeable lithium-ion batteries, which differ from the lead-acid car batteries that go dead in cold weather, or the rechargeable nickel-cadmium batteries that might have powered an old digital camera. Lithium-ion cells pack a bigger punch: A kilogram of lithium-ion batteries can carry roughly 200 watt hours of energy, about four times the energy density of the other battery types.
LIT
S&P 5002017'18'19'20'21-1000100200300%
Much of the recent attention on battery costs and supply-chain issues has focused on the raw materials used in battery manufacturing, and the places they’re mined. This is a major issue. Cobalt, for example, is used in the cathode—the positive side of a terminal through which ions flow into a lithium-ion battery. About 70% of the world’s annual cobalt output is mined in the Democratic Republic of the Congo, a country with a terrible human-rights record, whose mining practices aren’t close to industry best practices.
Best Bets on Batteries
Legacy automakers, lithium producer Albemarle, and Korean chemicals giant LG Chem could be among the big winners in the race toward vehicle electrification.
Company Recent Price Market Value (bil) 2022E P/E
General Motors / GM $54.60 $79.50 8.1
Ford Motor / F 16.95 67.6 9.0
Volkswagen / VOW3.Germany €194.78 144.6 8.9
Albemarle / ALB $245.83 28.7 45.2
LG Chem / 051910.Korea 850,000 KRW 51.4 19.5
E=estimate.
Source: Bloomberg
2021Oct.-40-20020406080100%VolkswagenLG ChemFord MotorAlbemarle
General Motors
EV makers such as Tesla have been pivoting to nickel as a substitute for cobalt. It not only is more plentiful—about 2.5 million metric tons of nickel are mined globally each year, compared with less than 200,000 tons of cobalt—but can also improve performance. “Our long-range vehicles use a nickel-based cathode, and people think it’s a cobalt-based cathode,” said Tesla CEO Elon Musk at his company’s annual shareholder meeting in October.
GM, too, says it has removed 70% of the cobalt it uses in its latest generation of EV batteries.
Graphite, used in battery anodes, or the negative battery side, has also been in focus because it is mined largely in China. Auto makers, including GM, have been focusing on graphite alternatives, such as lithium metal and silicon anodes, but not because of geopolitical concerns. Those alternatives offer better performance and can be cheaper.
In contrast, lithium, the heart of lithium-ion batteries, is fairly plentiful. Roughly half of total global lithium output goes into cars today, and production is expected to more than triple by mid-decade, from about 300,000 tons of lithium-carbonate equivalent in 2020 to more than 1.1 million tons. Output is expected to more than double again between 2025 and 2030.
Lithium expansion is primarily an issue of know-how; there are limits to how fast the industry can expand because of engineering talent, not material availability. “It is a capability limitation, as opposed to either material or capital,” says Kent Masters, CEO of Albemarle, one of the world’s largest lithium miners.
Albemarle plans to triple its capacity between by the end of the decade, starting with an incremental annual investment of $1 billion. “We can execute at that level,” says Masters.
It’s the rest of the battery supply chain that stands in the way of successfully ramping up production of electric cars, trucks, buses, and vans.
The ingredients of an EV battery might come from a lithium brine in Chile, a nickel mine in Indonesia, or a cobalt mine in the DRC. Those raw materials are then shipped to China, where most battery cathodes are made. The cathode and anode materials stay in Northeast Asia, while battery-cell makers in Japan, South Korea, and China turn them into devices that look a little like household AA batteries, but larger.
Once a battery cell is charged and ready to use, it might be shipped to Tesla’s Fremont, Calif., plant, or Ford’s plant in Cuautitlán, Mexico, where the Mustang Mach E is assembled. By that point, the battery and its materials have traveled tens of thousands of miles—a journey too far and too costly. That is one of the reasons why legacy auto makers haven’t been able to produce enough EVs to expand their reach.
“None of these car companies has been able to scale,” says Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management. “They haven’t been able to get their cost per vehicle to a competitive rate.
Battery MakersAutomakers*
2020'21'22'23'2405101520$25 billion
Today, batteries used in an electric vehicle can cost roughly $140 to $150 per kilowatt-hour. A kilowatt-hour of battery juice will get drivers three to five miles of driving range, depending on factors such as vehicle size. An electric sedan with enough per-charge range to eliminate range anxiety will have a battery pack with, say, 80 kilowatt-hours of stored electrical energy. The batteries in that sedan cost about $12,000, or roughly 25% of the total price of an extended-range Tesla Model 3.
The industry wants to get battery costs down to as low as $60 a kilowatt-hour by the end of the decade. Doing that requires improving every part of the battery and its manufacturing process, including the supply chain. Building local battery capacity, and integrating it into assembly operations, could save tens of dollars per kilowatt-hour, or up to $3,000 off that $12,000 tab for the batteries in a sedan. Using less cobalt has already cut about $400 off General Motors’ electric-car sticker price.
“We want to have the lowest-cost batteries,” says Tim Grewe, GM’s director of electrification strategy and cell engineering, who notes that the company is looking at factory locations, manufacturing practices, and battery materials to drive down costs. “At this point, everything matters.”
That starts with localizing production. Today, China accounts for roughly 75% of all lithium-ion battery capacity, largely because it was among the first countries to broadly adopt electric vehicles. By mid-decade, China’s share of capacity should be down to 40%. The U.S. and Europe, on a combined basis, should account for as much as 60% of world battery production.
By 2025, the supply chain will still be far-reaching. The materials will still be mined where they are found. Cathode materials will still be produced in Northeast Asia. But auto makers won’t be shipping batteries all over the world. That will cut down on some logistics costs. More important, this change will give auto makers control over the pace of battery innovation, and the kinds of batteries that they embrace, says GM’s Grewe.
To meet battery capacity goals, legacy car makers are partnering with big battery makers, including SK Innovation, Samsung SDI (006400.Korea), and LG Chem (051910.Korea), which are sharing costs with them, helping to secure supply, and reducing operational risk.
Not all the billions planned will be well spent, and there will be plenty of hitches along the way. The hiccups will manifest themselves in quality— think GM’s 2020-21 recalls of more than 140,000 Chevy Bolts over faulty LG Chemical batteries—boom-and-bust prices for lithium and other materials, and uneven sales growth.
The rapid reorienting of the battery supply chain also includes Japan’s big auto makers. Toyota Motor (TM) has announced plans to spend almost $14 billion on batteries by 2030; that will power the eight million hybrid and all-electric vehicles that the company thinks it will be selling annually by that year. Honda Motor ’s (HMC) and Nissan Motor ’s (NSANY) goals are a little less specific. Nissan plans for 40% of U.S. sales to be electric by 2030, and wants to be carbon-neutral by 2050. Honda says it wants two-thirds of annual sales to be “electrified” by 2030. That includes plug-in hybrids and fuel-cell electric vehicles.
Digging In
The mining of raw materials used in EV batteries is concentrated in countries--some problematic, some not--all around the world.
Commodity Dominant Country % Mined
Aluminum China 56.7%
Copper Chile 28.5
Graphite China 59.1
Lithium Australia 48.8
Cobalt DRC 67.9
Manganese South Africa 28.1
Nickel Indonesia 30.4
Iron ore Australia 37.5
Note: 2020 data.
Sources: USGS; Barron’s calculations
The industry’s transformation poses more risks for smaller EV makers. Legacy auto makers, such as Ford and Volkswagen, might trail Tesla in EV innovation, but now they are bringing their scale to bear. Smaller EV companies run the risk of having higher-cost batteries. If they can’t make or obtain cheap ones, it would be like trying to sell a car with a four-cylinder engine that only gets 15 miles a gallon.
GM and Ford could choose to slow vehicle electrification or rely solely on suppliers for their batteries. But that doesn’t look like a recipe for earnings or volume growth. The shares of both companies typically trade for single-digit price/earnings ratios, while the S&P 500 fetches roughly 20 times estimated 2022 earnings. A big reason Detroit’s car companies don’t get market-like P/E ratios is that they don’t grow. Ford sales totaled $160 billion in 2018—exactly what they’re projected to be in 2022.
EVs can change that. They are more profitable than traditional cars. Tesla’s automotive gross profit margin in the third quarter topped 30%, better than those of General Motors, Toyota, BMW (BMWYY), and Volkswagen. As battery costs fall, EVs will get more attractive. The return on investment Ford can expect from its BlueOval megacampus should exceed the returns generated by its legacy business.
“If Ford did [EVs] right, it would trade [for] at least 20 times earnings,” says Kawasaki’s Gerber. That would put Ford’s stock at $37 by 2022, up more than 100% from a recent $17.
“As EV production growth continues to accelerate, we believe [Albemarle] will continue to benefit.”
— RBC analyst Arun Viswanathan
Still, the best bets for investors might be the companies that benefit from revamped supply chains, regardless of which auto maker dominates the EV market. In commodities, mining giant Glencore (GLEN.UK) sells nickel and cobalt, but not in sufficient quantities to move the needle on the stock. Albemarle (ALB), on the other hand, supplies about one-third of the world’s lithium. At a recent $246, its shares aren’t cheap, trading at about 45 times estimated 2022 earnings of $5.41 a share, well above their five-year average of 21 times.
Albemarle isn’t a stock for 2022, however. It’s a stock for 2025. At current lithium prices, Albemarle could be earning $11 or $12 a share by then, putting the stock at about 21 times potential 2025 earnings, with more growth to come.
“As EV production growth continues to accelerate, we believe [Albemarle] will continue to benefit, given its unique low-cost position and global scale,” RBC analyst Arun Viswanathan wrote in a recent research report. He rates the shares Outperform, with a $280 price target, about 14% above recent levels.
U.S. battery-cell makers don’t seem to be a good bet now, either. The group includes QuantumScape (QS); SES Holdings, which is planning to merge with Ivanhoe Capital Acquisition (IVAN), a special-purpose acquisition company, or SPAC; and Solid Power, also planning a SPAC merger, with Decarbonization Plus Acquisition Corporation III (DCRC). All three battery-cell makers have partnerships with traditional auto makers, but limited sales. Picking the right one might be like picking a lottery ticket.
The better option is LG Chem, Korea’s leading chemicals company. Its profits are expected to grow by about 15% a year between 2022 and 2025. And the shares, at about 19 times estimated 2022 earnings, are less expensive than their peers. About 40% of LG sales are tied to batteries.
LG shareholders have approved a spinout of LG Energy Solutions, the battery division, a move that would unlock value. But, since the Chevy Bolt recalls, investors haven’t seemed too excited about the spinoff. A battery defect was responsible, and LG agreed to reimburse GM about $2 billion for its costs. LG Chem shares have been flat over the past three months. When the deal is finally done, however, that might provide a boost for the shares, while also offering investors the prospect of a pure-play battery company.
Electric vehicles are projected to account for more than 11% of global light-vehicle sales in the fourth quarter of 2021, according to EV Volumes. A year ago, that number was about 5%. In 2019, before Covid, the number was 2.5%. “Right now, there appears to just be quite a profound awakening of the desirability for electric vehicles,” said Tesla CFO Zachary Kirkhorn on the company’s Oct. 20 third-quarter-earnings conference call. “To be totally frank, it’s caught us a little bit off guard. But folks want to buy an electric car.”
It caught the rest of the industry off guard, as well, but the future seems clear, and companies have committed billions to chase it. The auto makers that spend the money effectively will gain EV share—and happy shareholders.
Write to Al Root at allen.root@dowjones.com
Little late now I know - but Dang
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166375890
Yeah, I was eyeing it at $1.40's but put a high % into LWLG.
A very nice and appears more institutional type of buying by some mining funds.
Should have added over the past month
But still have my freebies!
futr
It is beyond $3.14 canadian now. 200k+ volume
Yah, decent ! That'd be nice.
BOOM, NEXT liftoff over $3 (canadian) before Captain Kirk launches off the pad!
Solution to your Ooooooooooops...if it helps.
https://finance.yahoo.com/quote/NEXT.TO?p=NEXT.TO
oooops - Looks like I actually BOUGHT some last Friday....
1000 shares at 2.80 - Oh man !.....JUST WHAT was I THINKING ???
I'm DOOMED ! I only vaguely recall placing an impulsive closing bell order
Last 2.79
WHY ???......WHY ?........WHY ????
No real great reason to buy except for - PERHAPS there will be BE lots of graphite required.
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3Anext&x=35&y=13&time=100&startdate=7%2F1%2F2020&enddate=10%2F30%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=1&maval=50+200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Ah....I see okay meanwhile.....
]
Next is becoming a little bit tempting here (and would likely be entered into but for the highly inflated SPY)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165649696
OT: it was known by CEO's late May annual meeting presentation they had intentions to list, but the timing was very unknown, but most on LWLG board thought in Sept or latest Oct. So it was expected.
The stock was driven down in past month by a false and negative "short attack" article in Seeking Alpha. Many long term holders were buying more shares in the $6s and $7s, including me. And some who sold when it went over 10 - 12 dollars. CEO has important conference in 2 weeks in France, which many are anticipating more information, and CEO also presented last week on a small company investor forum.
No, I was too busy with work and watching the LWLG ticker here and there during the day. The LWLG message board already pointed out the high short position causing some move up from the $6s to $7s in the past week, and today's NASDAQ listing popped the bottle of champagne, as more eyeballs and institutions are going to see what us other investors know already and at cheaper OTC market prices.
I seen that - You seen this ?
No replies I got
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165656255
Repairing and trying to stay above the 50 DMA line, huh? Hopefully it can keep grinding higher to the Northeast.
My LWLG is on a big rocket launch today with PR for NASDAQ listing news starting on Sept 1st. 100k+ day!
The graphite mine is fully funded. No further money is need thru production stage. Equipment going into the mine is completely fabricated and ready to be installed. Production slated for Q1/Q2 2022. SuperFlake will become the most recognized brand name in graphite mining.
Nick of Xstrata.....May be a good worker ?
NextSource Materials Announces Appointment of Leading Mining Executive and Former CEO of Xstrata Nickel to its Board of Directors as it Advances its Vertically Integrated Mine Strategy https://www.accesswire.com/655457/NextSourceMaterialsAnnouncesAppointmentofLeadingMiningExecutiveandFormerCEOofXstrataNickeltoitsBoardofDirectorsasitAdvancesitsVerticallyIntegratedMineStrategy
NEXT isn't even on a formal US listing like Nou (NYSE). But yes, this sector still isn't of interest right now as it will take months before any profits are generated.
Strange trading going on the past 2-3 weeks.
well, lets see on Monday. This is what happened on the Friday before their HUGE Monday news on Sir Mick making his large investment in NEXT. If no news, it does make me wonder who/why the big follow through.
You got the sell, but you had some days to make a decision, which for a trader is a luxury. The buy was at a higher price than when I recommended it to you. So at least you paid some bills!
NEXT got a nice big HUG today. Someone is showing the Love.
Your charts missed the "BUY" signal. hee hee
Wow, you got a heads up from futr. He gave you a super gift. I was following some of his pics, and lwlg look to be the best of the breed, and I listened to a number of the CEO's presentations, and questions to longs on the board. I understand the technology and its advantage. It will be an exciting and very long trip to innovative success.
Yeah well - Just make sure you FULLY understand the(ir) technology !
ha-ha-ha
Exciting tho isn't it ?....Just LUV multi-baggers - Can't say I've had too many.
But.....
Might've been with you on them (had I a US account)
Since futr gave me a heads up on them also
Credit where credit is due....
Enjoy !
Enjoy, have fun watching. I have a big tuna on at $3.5's and now is running almost $15 in just 3 weeks. And this fish is just starting its long multiyear run imho from what I am learning.
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