Tesla stock

Discussion in 'Tesla' started by bwilson4web, Aug 6, 2018.

  1. GasperG

    GasperG Senior Member

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    What battery element mining stocks are on your mind, I'm watching (and owned a little) Orocobre, but would like some more tips on others. :D
     
  2. bwilson4web

    bwilson4web BMW i3 and Model 3

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    Nickel is at the front of my list.

    Bob Wilson
     
  3. hill

    hill High Fiber Member

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    the battery element I have all my marbles in is pretty costly right now.
    Unobtainium.

    .
     
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  4. markabele

    markabele owner of PiP, then Leaf, then Model 3

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    I'm a big fan of vibranium, adamantium, and uru.
     
  5. GasperG

    GasperG Senior Member

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    I did a little quick research on Nickel producing companies, if anyone is interested:
    - Vale SA - is a Brazilian multinational corporation, nickel represented 17% of total company revenues (2014), forward P/E ratio of 7.51 (estimate), Vale is the world's largest iron ore producer. It also owns a lot from logistics and energy (hydropower) sectors.
    - Nornickel (Norilsk Nickel) - is a Russian nickel and palladium mining and smelting company. They are directly responsible for Norilsk oil spill, they also have other environmental problems, so I stopped searching for more info.
    - Eramet SA is a French multinational mining and metallurgy company. They are specialised in alloys for aviation, the sector is down and so is the stock price. Nickel represents around 20% of the group's turnover. Manganese represents 48%. The 37% company is owned by one family, and 26% is owned by a French fund, not ideal for a small investor, I think?
    - BHP an Anglo-Australian multinational mining, metals and petroleum public company. They sell more than 75% of its nickel production to the electric vehicle battery materials industry. They obviously understand the future importance of batteries, the question is how much of the other baggage are you buying with BHP, as BHP is so huge, Nickel represents only a small amount of revenues.
    - Sumitomo Metal Mining Co., Ltd. - Three main businesses: Mineral Resources Business, Smelting & Refining Business, Materials Business. They are Japan’s only electrolytic nickel and electrolytic cobalt production site, the supply Panasonic.

    Of my main interest are Vale SA and Sumitomo Metal Mining, I will watch for Eramet in the future.
     
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  6. GasperG

    GasperG Senior Member

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    I'm sorry to derail this thread even further from TSLA stock, but I think this info is interesting to watchers of this thread.

    Orocobre
    Orocobre Limited announces FY20 Results, Memorandum of Understanding with Prime Planet Energy & Solutions and Equity Raising

    "Orocobre has entered into a non-binding MOU with PPES, a joint venture between Toyota (51%) and Panasonic (49%) specialising in the production of automotive battery cells, for the long-term supply of product culminating in 30kt of LCE in CY25."

    "Orocobre is raising approximately A$126 million / US$91 million from the Placement and will issue approximately 50.0 million new fully paid ordinary shares (New Shares), representing 18.1% of Orocobre’s existing shares on issue.

    Proceeds from the Equity Raising will be used to allow the Company to fully fund Olaroz Stage 2 and deliver the Olaroz Stage 1 ramp up through a range of operating, COVID-19 and pricing environments, as well as capital for future growth initiatives.

    The Placement issue price of A$2.52 per share represents a 13.1% discount to Orocobre’s closing price of A$2.90 on the ASX on Thursday, 27 August 2020."

    This is the main reason the price is down and it will be down at least for the time they sell all those new shares.

    In 2018 Toyota Tsusho became 15% shareholder by investing AUS$292million, at that time price of Orocobre was 150% times higher than today. Plan back then was to expand Olaroz Project by 25kt tonnes per annum (LCE).

    Is this an endless money pit, or will it bear fruit?

    To get a perspective, 77 kWh NMC 811 battery uses 8.4 kg LCE, so 30kt is equilinat of 3,5 milion such BEV. For all types of batteries in the world we used ~87kt LCE in 2017 accounting for 41% of total LCE production.
     
  7. bisco

    bisco cookie crumbler

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    i'll bring it back: 'tesla splits 5 ways, starts the day at $446. and is still climbing as smaller investors jump on board'
     
  8. markabele

    markabele owner of PiP, then Leaf, then Model 3

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    Been an amazing run. Playing with Monopoly money at this point. Yes I realize it could easily retreat 30-50% in the next few months, but I'm still holding.
     
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  9. bisco

    bisco cookie crumbler

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    and i'm still waiting... :oops:
     
  10. hill

    hill High Fiber Member

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    wait ~ didn't you say you were in if it's below $500 again? Well? here we are ...

    .
     
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  11. bisco

    bisco cookie crumbler

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    did i say that? :whistle:
     
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  12. Mark57

    Mark57 2021 Tesla Model 3 LR AWD

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    What no stock speculation talk on Tesla Battery Day?
     
  13. markabele

    markabele owner of PiP, then Leaf, then Model 3

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    Elon kinda tempered expectations with some tweets yesterday. Which is good IMO.
     
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  14. Mark57

    Mark57 2021 Tesla Model 3 LR AWD

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    I saw that, but we can still hope for a heat pump in the US versions:D. The USA model 3 is already shipping with the redesigned frunk to make room for it. Also the most recent M3's have the new auto dimming side mirrors.
     
  15. markabele

    markabele owner of PiP, then Leaf, then Model 3

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    Yep, I'm sure that will happen soon. But not certain that will be announcement worthy on a day like today, we will see. I suspect bigger picture type things.
     
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  16. hill

    hill High Fiber Member

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    waiting for the next, latest, greatest feature to come is like doing so - on a digital SLR camera, or hi resolution TVs. The next great thing is right around the corner, and so it diminishes the value of your older model in the eyes of some buyers. And it works both ways. You might have purchased a Model X a certain amount of months ago, only to see the cost reduced 5, 10, $20 k. or autopilot features going up or down $1,000. It could drive you nuts. We were one of the very last to get a silver Model S. We were one of the last that got it in Gray leather. We were one of the last to get a working sunroof instead of a giant sheet of greenhouse glass on top. Loss of those features - just before people pulled the trigger was really infuriating to some. Others on the fortunate side? They felt they hit the lottery.
     
  17. Mark57

    Mark57 2021 Tesla Model 3 LR AWD

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    No waiting, just hoping. My timeline is to get my hip replaced in less than two weeks, get back to walking, get released to drive again, and only then place my order. Yes, I'm "hoping" it will have a heat pump and I'm "hoping" the Tulsa delivery center is open by then, but other than the previous list, I'm not waiting on anything else.;)
     
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  18. Mark57

    Mark57 2021 Tesla Model 3 LR AWD

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    I was thinking more like the tidbits that come out during the Q&A. Many things have been mention during those and not the main presentation.
     
  19. bisco

    bisco cookie crumbler

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    down 18? that's not even tempting
     
  20. iplug

    iplug Senior Member

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    Battery day was kind of a let down for those who expected a surprise right around the corner or the announcement of the "million mile battery". Certainly the new 4860 cell is an achievement from a cost/kWh perspective and a few other reasons, but it will probably take a few years to achieve that with volume production. If they can stay ahead of the competition with this, that is no small feat. For long term investors, this is relatively boring, albeit solid news.
     
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