The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
This stock is now seriously undervalued. Following the recent transformational news, I think we're due a steep rise in the SP. All the best!
Picking up again. Tick up should be imminent:)
Here's Hoping CTC!!!
All the best
Definitely suggests something is forthcoming. Hold onto those golden tickets folks!
https://www.reuters.com/business/autos-transportation/chinas-catl-build-new-756-bln-battery-plant-hungary-2022-08-12/
SHANGHAI, Aug 12 (Reuters) - China's CATL (300750.SZ) said on Friday it would build a 7.3 billion euro ($7.6 billion) battery plant in Hungary, Europe's largest so far, as the world's biggest electric vehicle battery maker gears up to meet growing demand from global automakers.
CATL said that construction of the 100 GWh (gigawatt hours) plant in the eastern Hungarian city of Debrecen, its biggest overseas investment, would start this year after receiving approvals, and should last no more than 64 months.
Once built, it is set to be Europe's largest battery cell plant and CATL's second in the region, making battery cells and modules for carmakers including Mercedes-Benz (MBGn.DE), BMW (BMWG.DE), Stellantis (STLA.MI) and Volkswagen (VOWG_p.DE).
The expansion comes as European automakers accelerate a transition to electric vehicles in their home markets, prompting surging demand for batteries from local suppliers and causing a run on supply deals to avoid production bottlenecks.
Volkswagen, Mercedes-Benz and Tesla (TSLA.O) have all announced or started to implement major battery expansion plans in Europe to secure access to vital cells and raw materials and support their electrification strategies.
CATL's investment will mark "a giant leap in CATL's global expansion", the company's founder and chairman Zeng Yuqun said in a statement.
The Chinese company is also pressing ahead with plans for battery production in North America by 2026 for clients including Ford Motor (F.N), Reuters reported earlier, despite tensions between Beijing and Washington.
The investment is also key for Hungary, which is becoming a major hub for electric vehicles and batteries in Europe.
Debrecen is home to a plant being built by BMW, while Volkswagen's Audi brand has a factory in western Hungary's Gyor and Mercedes-Benz operates one in Kecskemet, in the central part of the country.
BMW declined to comment but said it plans to release some battery related information in early September. VW and Stellantis did not immediately respond to requests for comment.
Mercedes-Benz said in a separate statement it would be the first partner to receive battery cells from CATL's Hungarian plant, and that its order marked the highest initial order volume for the site.
"This new state-of-the art European CATL plant in Hungary is another milestone for the scale-up of our EV production together with our key partners," Mercedes-Benz management board member Markus Schaefer said.
CATL previously said it would start supplying cylindrical cells to BMW from 2025 for its new series of electric vehicles
The Chinese company also said it is also examining the possibility of joining forces with local partners to establish facilities for battery materials in Europe.
Absolutely the world must work towards peace, but some of the thickos on here don't want to hear it. They'd rather Ukraine fight to the last Ukrainian so that they can "damage Russia" without realising that the EU is shafting themselves. As the US state department Victoria Nuland said, F**K the EU!
Former US military man, Colonel Macgregor spitting facts.
https://youtu.be/goHs6xNQx_0
Hahaha GAZALA69!
Since you think it's ok for a comedian to run a country and lead it towards devastation, think you may wanna consider voting for her...lol. Imagine if she became PM out of nowhere and led us blindly into a needless and preventable war....you'd probably still be jumping up and down shouting Viva Eddie.
Have a good day :)
To be fair Gazala69 you do look and sound like Putin's long lost son filled with hate and envy....
https://ibb.co/5MWmtSK
Let's leave it there shall we...lol! Sleep well Gary!
Signed by #VladimirPutin & published on Friday, #Russia immediately bans investors (countries which supported sanctions) from selling shares in key energy projects & banks until the end of the year. As well as in other projects, from oil & gas production to coal & nickel.
https://twitter.com/Share_Talk/status/1555885666944405508?s=20
Link doesn't work for me Mooching, but I can gather from the URL what the article says. Depends who you're willing to believe and for we when the title ends with "US says", I for one take it with a pinch of salt. Just use common sense and logic.
It certainly isn't in Russia's interest to lay sea mines south of Odessa as they were bloody trying to take it...lol! Furthermore Ukraine doesn't have much of a Navy so what point is it to lay mines against a navy which hardly exists?
There's masses of evidence out there pointing to the fact that these mines were layed by Ukraine in order to protect Odessa. saddly a few of them found themselves in Turkish waters a few weeks later. Also there is a horrid video of a Odessa beach goer swimming at sea blown to smithereens due to one of the mines. Anyhow, I digress......Hoping for peace for the good of all of us and EUA.
Ameen to that 308. Been a long time coming and the BoD have stated that they're not going to stay quite for much longer. Hoping for a string of juicy RNS's which will propel the price to fair value.
Just over 1.5m shares. Thank you.
NATO Deputy Secretary General Joana in response to Ukraine's accusations of insufficient assistance:
"We must carefully avoid escalation and the possibility of a war between Russia and NATO that will not benefit anyone. With all due respect to Ukraine, our #1 goal is to protect the billion people living on NATO territory."
Thanks for the link AJ012. Good balanced viewpoint.
Hoping the people of Ukraine realise what's happening and force their comedian leader to come to the table to negotiate peace. it's the only way out of this turmoil.
GAZALA69 chatting Shyte again after getting triggered for nothing.
Did you send a Fathers Day card to sleepy Joe GAZALA69?
That zombie hasn't got long left. The confused war-monger fell off his bike too...Maybe an omen.
He realises that the US is going down and is taking everyone down with him including the EU which he is using as canon fodder. Unfortunate that dopes like yourself can't see it! Slava Ukraine though!
Aston, I agree.
Foreign mercenaries drown as Ukraine forgot to tell them that they blew up a bridge whilst retreating.
Viewer Discretion Advised!
https://twitter.com/snekotron/status/1538526136153649152?s=20&t=GerquHkt5de9GDIGSU0yiQ
You may be right Evan3020, but check out what a foreign mercenary on the ground in Ukraine has to say...
https://twitter.com/Cyberspec1/status/1538406831604633601?s=20&t=xDXxoflPkx02hMO41CyVQg
https://twitter.com/RnaudBertrand/status/1538389247974993920?s=20&t=nDV25LsmedGrxOEDSzn3Yg
Tomski-dmark just sold out folks
15-Jun-22, 08:01:24, 1.28, 6, Sell*0.08
Close the door behind you. You're not fooling anyone with your blatantly obvious deramping. If it was all doom and gloom, the SP would have been zero by now. The fact that its held at this level means the market knows that a resolution is being sorted. Multi-bagger from here IMO.