Dines re­freshes his Lead­ing Edge buy

Stockwatch Daily - - MINES & METALS -

JAMES DINES, writ­ing in the Aug. 11, 2017, is­sue of The Dines Let­ter, re­freshes his buy of Lead­ing Edge Ma­te­ri­als Corp. at 81 cents. He first said buy on April 7, 2017, at 37 cents. An in­vest­ment of $1,000 would now be worth $2,188. Mr. Dines says Lead­ing Edge is his favourite bat­tery pick. The com­pany has been test min­ing graphite at its Woxna project in Swe­den, where tests have shown that the graphite is suit­able for lithium-ion bat­tery cells. On July 27, the com­pany ar­ranged to work with North­volt AB, a Euro­pean bat­tery man­u­fac­turer, to build a large bat­tery-man­u­fac­tur­ing plant in Swe­den. Mr. Dines says that sev­eral Euro­pean au­to­mo­tive com­pa­nies plan to build bat­tery man­u­fac­tur­ing plants, but he is un­sure of where they plan to ob­tain their graphite sup­ply. He says there is re­ally only one place to get graphite these days: China. Volk­swa­gen would like to build its own plant, the edi­tor says, ques­tion­ing where the com­pany plans to get its graphite. Volvo also plans to launch only elec­tric or hy­brid mod­els from 2019 on. Volvo, Mr. Dines points out, will likely be able to ob­tain Chi­nese graphite, as it has a Chi­nese owner.

Robert Ge­orge Atkin­son, Nick DeMare, Michael Robert Hud­son, Mikael Rang­gard, Mark Stephen Saxon, David Blair Way

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