Ah_Meng
11-01

$CRITICAL METALS CORPORATION(CRML)$ Sharing for coins only. Having said that, CRML is not going away anytime soon... the world didn't heed China's warnings when the dispute happened between China and Japan. Donald Trump, being the egoistic bully he is, has finally a taste of his own trick and medicine 💊. Don't think US 🇺🇸 will forget this lesson anytime soon.

Yes, a temporary truce of one year extension has been agreed, however given the fragile state of the truce, things could turn ugly quickly. This is especially true with a self-important Trump as president... China 🇨🇳 has never failed to remind US its vulnerability. Just as US has been leading in technological and AI development in general, China is leading the full streams of rare earth minerals supply chain. Just as it takes time for China to catch up with US, the reverse is true for US. Yes, $MP Materials Corp.(MP)$ deal is the beginning. $LYNAS RARE EARTHS LTD(LYC.AU)$ is also helping, but they are both not enough to supply everyone. US has no choice but to persist in this development while keeping China happy. [Tongue]  [Facepalm]  [Spurting]  [Silence]  [Chuckle]  

So yes, hot money then came and went will return after it has made its round with AI, etc. Not going to sell another call option, having learnt some good lesson. Will just sit and wait... while playing my games elsewhere... will play my options here when I have loaded up. To update again...

@Daily_Discussion @Tiger_comments @TigerStars @CaptainTiger 

# Winning Trades

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  • Mortimer Arthur
    ·11-03
    TOP
    Huge run up, Huge drop! The resistance is lack of any positive news directly from CRML. We need consistent momentum in the right direction and any kind of positive news and we run to $20.

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    • Ah_Meng: 
      Definitely! You nail the crux of the issue here! CRML needs to stand on its own merits rather than relying on the sector as a whole to sustain its continued relevance… having said that, this political play will be around for some time to come…
      11-03
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  • Merle Ted
    ·11-03
    TOP
    USA can buy rare earths from China, Australia and now Japan. What’s MP going to do now? Fall hard until production is competitive, and that is years away.

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    • Ah_Meng: 
      If the price is political motivated rather than industry driven, there is no way MP can compete. The saving grace for MP is obviously the base price US government has set to buy from MP, together with co-development with Apple that would take MP to a different level that it had ever imagined as a pure miner. How many miners could dream of technology co-development with technology leader such as Apple? Materials recycling with a base price for raw materials, it maybe a long way to go, but with patience, MP maybe the next too-big-to-fail giant in its own right… I don’t know what the future holds, watch this space…
      11-03
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  • bubbly9
    ·11-03
    TOP
    This insight on geopolitical tensions and the rare earth supply chain is spot on.
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    • Ah_Meng: 
      Thank you for reading and leaving your comment!
      11-03
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