Dear Reader, What is the metaverse, exactly? What we know is this… New technologies — the onset of 5G networks, Artificial Intelligence, Virtual Reality, Augmented Reality, and blockchain being the primary ones — are definitely converging to form…well…something. They’re doing this with a tailwind of rising data speeds. It’s potentially a tech step change at least as big as the advent of smartphones 15 years ago. But who will be the future leaders? Chances are they won’t be the obvious stocks everyone’s talking about now. Which brings me to an intriguing ASX small-cap. They’re taking on the metaverse — but bringing a uniquely Aussie skillset to the table. They only listed recently. They have a tiny market cap of about $16 million. They’re already drawing revenue but are not yet profitable. Our bet is that’s going to change soon. If it does — and this company manages to catch the metaverse tailwind — then you could potentially see a massive upward rating of this stock by the end of the year. This is a niche business trying to do one thing really well: Help mining companies get the most out of their assets. They’re doing this through cutting-edge techniques in virtualisation. In other words: they’re looking to bring real-world mining into the virtual-world metaverse. They’ve already inked deals with Woodside and Chevron. The Woodside deal appears to be developing into a close ongoing relationship. But it’s their latest partnership that really raises the eyebrows. It’s an agreement with a much bigger Nasdaq-listed company to get its 3D visual and spatial expertise into the US market. The way we see it, there could be huge growth in the industrial and commercial metaverse over the next few years. Technologies like the one this company is spearheading could be the main drivers of that. While there’s been a big focus on companies like Microsoft buying up gaming metaverse plays, we could see the same thing start to unfold on the industrial front. After all, the opportunity is no less lucrative. For that reason, we expect a potential exit for this play could be a takeover in the next two years. Failing that, we’re happy to ride the story…as long as it’s one of exponential growth. Click here to learn more on these guys… Regards, James Woodburn,
Publisher, Fat Tail Investment Research | 