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Batteries Juicing the Nickel Market
Nickel prices are expected to rise and this bodes well for this market and for the miners who produce the metal, as well as valuation for miners with compliant nickel resources in the ground, such as Australian Mines LTD.
https://investingnews.com/innspired/lme-nickel-sulfate-contracts-2019/
Nickel: The secret driver of the battery revolution
Everyone thinks Cobalt is the metal that will be in short supply in the future for EV batteries. But, it is probably going to be Nickel that will be in short supply.
http://www.mining.com/web/nickel-secret-driver-battery-revolution/
The coming tsunami of electric car demand will need many more anode megafactories and graphite
https://investorintel.com/sectors/technology-metals/technology-metals-intel/the-coming-tsunami-of-electric-car-demand-will-need-many-more-anode-megafactories-and-graphite/
The Tsunami of Electric cars is coming
https://start.att.net/player/category/news/article/cnn-demand_for_electric_cars_has_grown_slowly_but_the-cnn2
EV Battery Shortages Are Already A Problem, And Electric Car Waiting Lists Are Becoming The Norm
https://seekingalpha.com/article/4269216-battery-shortages-already-problem-electric-car-waiting-lists-becoming-norm
https://www.orocobre.com/news/battery-shortages-are-already-a-problem/
SK Innovation starts constructing battery plant, $1.7B bet on Georgia. That's why they signed an offtake agreement with Australian Mines
https://www.ajc.com/news/local-govt--politics/innovation-starts-constructing-battery-plant-bet-georgia/FegCubdjWmSX7aunMvCsVL/
Australian Mines Critical Minerals Business Delegation
https://australianmines.com.au/brochures/reportpdf/AUZ_-_Austrade_Presentation_2_Low_res.pdf
Australian Mines on Sconi Project
Australian Mines Investor Presentation
Australian battery materials plant eyes financing deal
https://in.reuters.com/article/us-australia-batteries-nickel/australian-battery-materials-plant-eyes-financing-deal-by-end-june-idUSKCN1S90F6
There's One Metal Worrying Tesla and EV Battery Suppliers. That is Nickel. Nickel prices are on the rise.
https://finance.yahoo.com/news/theres-one-metal-worrying-tesla-025017447.html
Australian Mines receives oversubscriptions in SPP, secures $5.8 million
https://www.proactiveinvestors.co.uk/companies/news/224088/australian-mines-receives-oversubscriptions-in-spp-secures-58-million-224088.html
Australian Mines envisages $5 billion in free cashflow from Sconi over 30-year mine life
https://www.proactiveinvestors.com.au/companies/news/222025/australian-mines-envisages-5-billion-in-free-cashflow-from-sconi-over-30-year-mine-life-222025.html
SK Innovation Signs Contract with Australian Mines to Import Core Materials for EV Batteries
http://www.businesskorea.co.kr/news/articleView.html?idxno=34706
The 70 million revenue projection is not including Hydro4less acquisitions. If they close all 3 Hydro4less acquisitions then total revenue will be around $95 million. Let's hope they get it done.
70 Million Revenue Projection on Dec 06, 2018
https://www.prnewswire.com/news-releases/sugarmade-eyes-rapid-growth-as-california-expected-to-begin-mass-green-lighting-of-annual-cannabis-cultivation-applications-868222033.html
25 Million Revenue Projection on Jan 23, 2019 for 3 Hydro4less Locations
https://www.prnewswire.com/news-releases/sugarmade-to-acquire-hydroponic-retailer-hydro4less-flagship-location-adding-to-streak-of-planned-acquisitions-898263995.html
Looks like they did put out some PR around mid day. That could explain the surge towards the end of the day. They talked a lot about the acquisitions. In every PR they need to talk about the acquisitions and give updates. That's what's going to make the stock price rise.
https://www.marketscreener.com/SUGARMADE-INC-10156575/news/Sugarmade-Inc-SGMD-Enters-Kentucky-Hemp-Boom-Announces-Completion-of-BZRTH-Audit-29041650/
None that I see. They have to learn how to effectively use that tool.
I think once they show full revenue for all acquisitions it will be well over $1
They have the right idea. Keep giving updates on the status of the acquisitions.
Maybe there are referring to BZRTH as the first of the four acquisition closings.
Good. We should see some type of pop in the stock price. I hope it’s a good one.
They need to follow up the 8k with a PR to be a little more effective !
You do know there are people on this board who were up almost $1,000,000?
Believe me if I had some more money I would be buying more shares. I was hoping this other stock that I am in would make a run right now and I could take some of that money and put it in SGMD to take advantage of this price point. If you buy 3,000,000 more shares at this price point you are going to be in a perfect position for when this thing takes off and it will. Jimmy has finally surrounded himself with the right people to make it happen. I think they have figured out how to market the company now and get the pps to rise and with 2 acquisition and finance specialist they are going to get the closings done. It's just a matter of time.
God, I am hoping not. But, it seems to me that they have finally learned how to properly market the company. In the past Jimmy would simply put out a filing with the SEC and never follow up with a PR along the same lines as the filing. It seems his 2 relatively new acquisition and finance specialist have something to do with this latest noticeable change. They filed the latest 8-K stating an update for the acquisition and then followed with a PR along the same lines and we went up 38%. All they have to do is follow the same format and do it again and again and the pps will rise. I mean think about it like this, most times when you have pending acquisitions like SGMD has, the pps will rise from the anticipation of the closings. Everyone wants to get in at the lowest price they can because they want to make the run up. In this case with 4 pending acquisitions it has not happened. IMO, it has not happened because they have not promoted the pending acquisitions enough. They have not updated on the status of the acquisitions in an 8-K and then followed up with a PR. If I were them I would be promoting the acquisitions over and over as much as I legally can. If I were them, I would file an 8-K stating an update on the other acquisitions then file a PR that goes out to Ameritrade, Etrade, and all the other brokerage service with material from the 8-K. Then use the Network Newswire service to promote again and then watch it blow up. I bet if they followed up with updates on the 4 pending acquisition and Budlife we would go backup to .05 and higher. I mean what investor does not want to be in early on a pending acquisition? None that I know of. They should give endless updates until we close out one. They could say where they are in the audits of the other acquisitions, such as 1/2 finishes or 3/4 finished or almost finished. They could say where they are in the Hydr4less deals whether are not they will exercise the option to purchase the other Hydro4less locations. I mean it is endless the updates they could give and then watch the stock price rise. I hope they learned from this latest PR campaign.
Yeah, I have to say that I am jealous. I wish I would have gotten in at .0102 ...lol
I just think if you stayed out too long that you were going to miss out on some significant money. I think SGMD is a slow moving train, but it is moving. Once, at least 1, of the acquisitions are closed then this thing will pick up significantly. Jimmy is not perfect by any means, in the past he was a one person management team. He was short on staff. There is only so much one person can do. But I see with the added help that he has now it will only get better. He has 2 guys now that specialize in acquisitions and finance. This last PR is an example of what these additions can do. In the past Jimmy would have just filed the 8-K and been done with it. But, I am sure these 2 relatively new acquisition specialist had something to do with a follow up PR along the same subject matter. That's what got the stock price to rebound. I am sure that you will see more of that in the future. So get ready this thing is going to take off.
You the same guy that tells me not to tie up my capital for several more months awhile back and now you tie up your capital. Seems to me that your analysis is wrong or your logic is wrong and you are wrong...lol
So let me get this straight, you get out and then reevaluate, and you get back in and you are not wrong about anything? Something is wrong with your logic...lol
I guess you being right is why you got back in...lol
If they would give an update on the status of the other acquisitions on Monday I am sure it would continue to climb.
Exactly! I think your analysis is on point. I am hoping we have a little bounce today.
Yeah, it’s difficult to watch. But, even if does bleed more, when they close some of these acquisitions the stock price will come roaring back. Remember some of these acquisitions require no cash, so they will close if no one backs out. Which I don’t think will happen because they see the future value of the stock. Also, K&J Funding, can sell their stock at anytime. So let’s say SGMD sells K&J a certain amount of shares enough to close out Bizright. K&J can just sit back and just wait until the acquisitions close and the stock price goes back up and then sell and make their money. So SGMD does not have depend on the current stock price to raise the capital. If K&J accepts the shares that SGMD sells then they can raise the money to close out the acquisitions. We are getting closer.
That’s one of the reason that no one has left
That is what they are supposed to do bring attention to SGMD. It’s called advertising their company and product. Most companies that need the attention do that. You call some of it fluff. Well most companies have some fluff. I mean come on man do you actually think Coca Cola, McDonalds, Burger King or Wendy’s products are good for you? That’s what they do in advertising.
Also, you say you only reach 10 people on here. Well, if that was true Network Newswire would not be posting on here. They get paid like you said to promote a company’s product. They would be wasting their time posting on an SGMD board with most already being SGMD investors on Investordhub. They are not trying to reach you are the 10 people you say you reach. They are looking for the internet crown who google SGMD. They are using the same forum as you. So your negative posts are all over the internet. Just google the past 24 hours and your posts will be there. You better wake up!
So why do you think they choose this forum? It reaches a lot of people. That’s what I mean you have lost your perspective
Lol...I am trying to motivate you to move on since you said there are plenty of better opportunities out there. But you are STUCK on this Jimmy and Sugarmade thing. It’s like you are hooked on crack or something. I know it’s addictive but you have to wean yourself off SGMD and get on to MCOA or someone...lol.
Why should you care? I mean you are not in this anymore. You sound like you are scorned or something. I mean move on. Jimmy is not your concern anymore.
Don’t say people. You and SOME others have lost trust in Jimmy and Sugarmade. I mean your sounding like someone who is has just gotten out of a bad marriage. No matter what the other party does you will have a complaint. Jimmy is not reading your messages on this board. If you still have skin in the game and have grievances then send him a certified letter, an email or set up a conference call like some investors do. If you don’t have skin in the game then move on because it’s not your concern anymore. What else should he do if the stock price goes down but try to prop it up?
Do you have anything positive to post? No matter what they put out there you always have a negative spin and it’s odd you keep posting negative stuff and you say you have no skin in the game.