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Re: ZetaReticuli post# 1085

Thursday, 10/29/2020 11:08:45 PM

Thursday, October 29, 2020 11:08:45 PM

Post# of 1201
If you are a battery manufacturer and you know that Nickel prices will be through the roof in 2030, wouldn't you want to own a piece of Giga Metals and have the rights to a battery-grade nickel that you know will be coming out of Turnagain in 2030?

Assume you're the same battery manufacturer... how long would you wait to lock in Nickel that is 3 years away from delivery? Are you going to wait for 2.5 years, then go shopping?

If you are a battery company, how far in advance do you lock in your piece of the EV future? Every single dime of North American nickel is going to go at a premium price, more so for the artisanal, zero-carbon producers, like Giga Metals, whose shareholders gave up a piece of their equity pie in trade for a higher CapEx to establish and secure strong, decades-long clean-mining supply lines for North American BEVs and other Nickel battery users.

And once you have an idea for hungry the battery companies are going to be for Giga Nickel - how far in advance do you wait before buying Giga Metals stock?

I'll be here when you come back, Good luck all!