The Daily Reckoning Australia
 
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Dear Reader,

Sometimes I just have to laugh at how easily people are led to the wrong conclusion.

Tesla recently cut prices by 20%.

Everyone immediately assumes this is because demand is weak and there is too much competition.

People are still writing off Tesla…despite its gargantuan return for early investors. It’s one of the most popular and well-known brands in the world right now.

Here’s the deal. Prices are supposed to go down. That’s how technology innovation works!

It’s going to make electric cars more competitive as battery costs fall.

Lithium prices are coming down too. All this helps grow the potential electric car market.

There is one catch, however. One metal crucial to the energy transition does look undersupplied.

And I think Australia’s richest man knows it. Twiggy Forrest just made a takeover bid for an entire company that mines this one mineral.

I, too, have been hunting the supply shortfall in this metal. And I think I’ve found the next potential takeover target in the sector.

Go here to get the full story!

Regards,

Callum Newman Signature

Callum Newman,
Editor, Australian Small-Cap Investigator

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