IntelliAM aiming for significant growth with £5 million Aquis IPO. Watch the video here.
It has its advantages, however I think as we progress next year towards becoming operational with the potential figures forecasted and more than likely a even bigger resource a £80m market cap is going to look like a sale of the century . Management want a billion dollar company I’m easily thinking 500-700p in coming years
Demand for ‘green energy’ metals like copper, nickel, lithium, and cobalt has risen sharply, driven by the global move to lower carbon emissions and electric vehicle makers chasing battery ingredients. On October 13, Tesla inked a multi-year nickel supply deal with New Caledonia’s Prony Resources, which will give the EV maker roughly 42,000 tonnes of the metal, making it the miner’s largest customer; and late last month, China’s EV battery giant Contemporary Amperex Technology (CATL), said it had signed a deal to acquire Canada’s Millennial Lithium for about $305 million. Millennial has two lithium brine projects in Argentina.
The appetite for copper assets in particular is behind much of the recent M&A. Australian miner Sandfire Resources unveiled plans late last month to acquire the Minas de Aguas Tenidas mining complex in Spain from Trafigura and Abu Dhabi’s state-owned Mubadala for $1.9 billion. The complex has three underground copper mines.
I believe pxc is in prime position to take full advantage of the commodity super cycle we are going to see going forward . The jurisdiction is key along with low mining taxes are very attractive to investors and big mining companies.
Today’s news is just a little highlight of what to expect going forward . Research makes the investment case even stronger . It’s all about long term as this is no where near it’s true value .