$LICY is the cautionary tale of the EV hype cycle DOE loan, big partnerships, Glencore backing, still went bankrupt and delisted to $LICYQ. Cash burn always wins if revenue can’t catch it. What’s the next clean energy name you think follows this path? #LICY #EV #battery #stocks
There are 2 main things I'm getting at. The first is obvious- Glencore WILL rip you off 100% if you "let" then. "Let" might not be the right word. They can get you before you even know what happeded.
Glencore- Handle with caution. Beware. The dog will bite you, and maybe the cat will too. $LICY.
The BIGGER point is the versatility of FLASH JOULE HEATING.$MTMCF.
It can be used to pull gold and copper out of electronic waste. It can pull rare earths out of toxic mine tailings. It can leach lithium out of various feedstocks. It can zap waste plastic and turn it in to graphene.
Interestingly, here comes Glencore again: They are sending thousands of tons of PCB e-waste to Metallium.
More to say, but for now, listen to what Michael Walshe says at 6:00 minutes in: https://youtu.be/FKzROQRhbUg
$ABAT Battery recycler LiCycle $LICY before went bankrupt under CEO and founder Ajay Kochar. Glencore initally invested $200 million.
With the bankruptcy shareholders had ZERO rights. ThenGlencore set a lowball auction price and got ALL of the assets (facilities and IP) at a bargain price.
And then they re-hired the very same Ajay Kochar!
COMPLETELY and BLATANTLY a total ripoff.
However, maybe Licycle, er, I mean Glencore will ship the black mass to Metallium $MTMCF.
I have ABAT AND MTMCF. Maybe MTMCF can eliminate some processing steps for ABAT, and process the black mass from Glencore (that I already paid for). More to say...
$LICY The funny thing about bankrupt stocks… they’re usually the most hated right before the biggest speculative bounces. Doesn’t mean they’re good companies. Just means traders love chaos. 👀
Interesting development in the critical minerals space. A new tool from e-Stewards and Bloom ESG is aiming to actually measure how much critical material is being recovered through recycling instead of just talking about it.
Source: https://www.wastedive.com/news/critical-minerals-supply-chain-resilience-measurement-tool-estewards-bloom-esg/818677/
$WM $LICY $MP $FCX
