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Companies don`t spend 100`s of millions for no reason, the north east is being turned into a hub for electric cars, Pre has a foot hold on supplying basic materials for electric motors etc. With a government move for manufacturing security(away from China) this only bodes well for PRE.
And more reading, https://www.smmt.co.uk/2022/04/automotive-industry-leaders-gather-to-drive-electrified-vehicle-manufacturing-in-the-north-east/
More interesting reading, https://www.gov.uk/government/news/uks-first-magnet-refinery-given-huge-financial-boost-as-first-ever-strategy-for-supply-of-critical-minerals-published
Could PRE be the supply chain for this new battery plant. https://www.bbc.co.uk/news/uk-england-tyne-62325675
https://travelweekly.co.uk/news/air/tui-operated-more-than-99-of-flying-programme-in-june
Don`t be surprised to see HUR with a finger in the pie with this one, especially with free cash available http://www.scottishenergynews.com/biggest-un-discovered-oil-field-in-north-sea-found-off-shetland-by-hurricane-energy/
The constant negative reporting from msm on the travel industry is keeping the airlines sp artificially low, i`m also expecting a drop the crude price which will help profitability. Don`t be surprised to see a nice rise over the next month or two. Watch for the reports on traveller numbers. Gla
Good news for Nickel, https://www.sciencedaily.com/releases/2022/06/220601133023.htm
https://tradingeconomics.com/commodity/nickel