Club Mulgoa

Tuesday, September 12, 2017

Lithium and EDE

Interesting that my last 2 topics were on lithium and EDE... and today, I have a lot of alphas, with nearly all credits to lithium stocks (GXY, NMT and ORE) and EDE!  Suddenly, investors are listening!  Not to me of course but others!

Lithium because a few countries have stated their intention to end the use of fossil fuel engines in cars.  Current supply is totally inadequate for the number of lithium batteries required.  That means while the demand outstrips supply, the price of lithium will rise in the short term.

EDE says Georgia Dept of Transport has demanded that any tender for road services HAS to include EdenCrete in their cement mix.  The first auction is for a small job (under 5 miles).  This is the first of many!  And a few other US states have approved the use of EdenCrete but so far Georgia is the only one making it compulsory to include it because of its superior inherent qualities (durability, less permeable, less crack, less wear, stronger, no steel frame required, etc, etc).  Texas and Florida will require more road work now with the cyclone damage...  Texas is one state that EDE is waiting for acceptance once the local test is completed.

Monday, September 11, 2017

Lithium

China and a few other countries have or are going to set a deadline for the end of fossil fuel car engines.  Currently there isn't enough lithium to make the batteries for those cars.  Hence, there has been a surge in investors' appetite for lithium stocks.

Incredibly, idiots have been sucked into short-selling of ORE with people manipulating the market.  Pity I only discovered it after ORE recovered otherwise I would have topped up my holding.  Toyota is in cahoot with ORE for its supply of lithium so why should I worry when the share price fell due to false information?

Sunday, September 10, 2017

EDE TAS TASO

Once upon a time, EDE news would cause its share price to leap.  But it has been producing so many good announcements that the market is no longer interested.  And it takes time to translate that into profit.

While no one is buying, I have been stocking up TAS and TASO shares.  They own a big chunk of EDE and is undervalued, based on the value of their ownership of EDE.