TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC
  1. TMC is currently READ ONLY.
    Click here for more info.

The Resource Angle

Discussion in 'TSLA Investor Discussions' started by JRP3, Mar 26, 2014.

Tags:
  1. ckessel

    ckessel Active Member

    Joined:
    Jan 15, 2011
    Messages:
    4,442
    ABML continues it's drop. Not sure why, there is zero news on it and its industry seems fine, I think. I suppose it's crazy up since 3 months ago though I wasn't in soon enough to take advantage of that. No news seems the case with a lot of resource stocks though, not flashy so there's not a lot of news.

    Similarly, on no news I don't see any reason to change my mind on ABML, so I'll just hold on and hope it does well moving forward. The inability to sell covered calls is a significant drawback with OTC stuff, something I didn't realize before ABML (my first OTC stock). Covered calls really help mitigate downside risk, which is something I'm personally happy to do. It's something I'll take into consideration before buying OTC stocks in the future.
     
  2. JRP3

    JRP3 Hyperactive Member

    Joined:
    Aug 20, 2007
    Messages:
    19,384
    Location:
    Central New York
    Strange that ABML is dropping while LLKKF, TLGRF, and NVNXF are all up more than 8%.
     
  3. ckessel

    ckessel Active Member

    Joined:
    Jan 15, 2011
    Messages:
    4,442
    #623 ckessel, Feb 22, 2021
    Last edited: Feb 22, 2021
    That is what stuck out for me. All of them have had big rises in the last few months, but only ABML is giving it back while the others plug along. Still, it's very short term, mostly the last couple weeks, so could just be fluctuations. Deviation from its brethren is a flag, an anomaly that might be meaningful...or it might not, but it catches my eye and invites research into why. Makes me wonder if some inner circle knows something the public doesn't.

    Lacking any real information though, all I can do is wonder. And commit to splitting my investment in related companies more widely next time.

    Edit: I did find they released earnings on Feb 16th, which is when the stock really went south. The EPS is bad, worst in a long time. Reading the report now, maybe there are good reasons behind it (i.e. R&D investment): http://filings.irdirect.net/data/1576873/000107878221000135/f10q123120_10q.pdf

    Edit 2: Yea, they raised a bunch of money via stock and spent a bunch of money. Their cash position seems a concern, indeed, listed as an "ongoing concern". Looks like a typical startup, burning cash in hopes of making a product before they run out. I'm not knowledgeable enough to determine if they overstretched and are at risk or if that's a pretty normal report for a company in their position.
     
  4. Xepa777

    Xepa777 Member

    Joined:
    Aug 1, 2017
    Messages:
    155
    Location:
    California
    #624 Xepa777, Feb 22, 2021
    Last edited: Feb 22, 2021
    One hour interview with ABML's COO, Menka Sethi. She goes over environmental permits a lot, which I think has broad based application and insights for the entire EV supply chain. Very, very insightful comments from here -


    00:00 - Intro
    00:47 - Show Open
    02:00 - Architect, Developer, MBA
    05:10 - Chief Operating Officer
    08:33 - Lessons Learned at Facebook
    10:55 - Building Trust
    12:17 - ABTC's Challenges
    14:29 - Storage, Transport, and Waste Classification
    18:15 - Building and Operational Permits
    21:18 - Environmental Permits
    23:35 - Discharge Permits
    25:00 - Why are Permits so Hard?
    27:04 - What takes so long?
    29:14 - Making Friends instead of Enemies
    31:15 - Competitive Advantage
    37:07 - 2021? 2022?
    38:00 - Trade Secrets
    39:25 - Expanding to other States
    41:03 - When Will Construction Start?
    41:44 - Message for the Community
    44:32 - Why Fernley?
    46:24 - Water Rights
    49:27 - Air Emissions
    54:00 - Who Writes the Permits?
    55:24 - Commercial Prototype Facility
    57:29 - Benchscale to Commercial Pilot Scale
    58:53 - Closing Thoughts

    Disclosure: I'm one of the co-host and recently became an adviser to the company (not for the podcast, that's just me putting on my Tesla investor hat on and realizing that this form of deep due diligence / research is desired in today's era of crowdsourced intelligence).

    If anyone knows of any ESG companies that would like to be on our podcast in the future to talk about green supply chain / trends / economics, PM me. We're doing longform podcast to go into deep research into these topics.
     
    • Like x 3
    • Informative x 2
  5. JRP3

    JRP3 Hyperactive Member

    Joined:
    Aug 20, 2007
    Messages:
    19,384
    Location:
    Central New York
    Took a position in LITOF after watching this video

     
    • Informative x 2
    • Like x 1
  6. ckessel

    ckessel Active Member

    Joined:
    Jan 15, 2011
    Messages:
    4,442
    Thanks for posting this. After the last week of ABML really dropping, it was nice to hear their COO was really knowledgeable and on top of her game.
     
    • Like x 1
  7. JRP3

    JRP3 Hyperactive Member

    Joined:
    Aug 20, 2007
    Messages:
    19,384
    Location:
    Central New York
    In the general downward trend today ABML getting hit harder than most of the lithium/EV related stocks I'm looking at.
     
  8. Xepa777

    Xepa777 Member

    Joined:
    Aug 1, 2017
    Messages:
    155
    Location:
    California
    Yah, I've learned from being a Tesla investor that short term price actions don't inform my decisions, it's the long-term fundamentals and approach. From everything that's been publicly communicated about the company, I'm excited about both the operational efficiency/throughout and environmental impact ABML's recycling process will have on the world. Who cares about the exact month of the pilot plant opening? The Model 3 ramp took years and was super delayed. Innovation in the short term disappoints, and in the long term surprises.

    Also, on Clubhouse talks some very notable people in the green supply chain industry have spoken well about ABML. I was pleasantly surprised to hear the Managing Director of Benchmark Minerals, Simon Moores, say very positive things about Ryan on Twitter. And to see Jordan from The Limiting Factor commenting on our podcast about Menka put a HUGE smile on my face hahaha.

    We have some industry speakers lined up in the coming weeks, so excited for those episodes to come out.
     
    • Like x 2
    • Informative x 1
  9. JRP3

    JRP3 Hyperactive Member

    Joined:
    Aug 20, 2007
    Messages:
    19,384
    Location:
    Central New York
    ABML getting hit again, bought a few more.
     
  10. Discoducky

    Discoducky Happy owner of a P100D X and a brand new 2021 M3!

    Joined:
    Dec 25, 2011
    Messages:
    3,330
    Location:
    Seattle
  11. JRP3

    JRP3 Hyperactive Member

    Joined:
    Aug 20, 2007
    Messages:
    19,384
    Location:
    Central New York
  12. c041v

    c041v Supporting Member

    Joined:
    Jan 7, 2013
    Messages:
    686
    Location:
    Vancouver, BC
    Does anybody know anything about GRAT? I have a friend who thinks this type of graphite will be essential and competitive for battery production. It looks like any other Junior Miner to me, a space I know little about.

    Gratomic is a Publicly Traded Vein Graphite Company TSX.V : GRAT

    He has explained that the type of graphite is what differentiates this company, and that they seem to have a good embrace of ESG, which is becoming a must-have in 2021.
     

Share This Page

  • About Us

    Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.
  • Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


    SUPPORT TMC