They are the industry killers.
When Dr. Andy Robinson and Robert Mintak set out to build a lithium producer together, they wanted a world-scale project, and they wanted it fast. That meant no chemical risk, no permit risk, they wanted to be in production ASAP to take advantage of the...
EDITORS NOTE: I read A LOT of material each morning, and each week--and I've been doing this newsletter long enough now to know The Smart Money in the sector. East Daley is one of those groups. They focuse on midstream news (pipelines etc), and even though it's institutional level...
INTRODUCTION
Short Tesla (TSLA-NASD: $250). Target Price = $12. Twelve Dollars. That would be a 95% drop from its share price today. There is a lot of emotion and hype around the company and stock right now, with its cheap electric car model, the Tesla 3, getting banner headlines every day...
The Offshore Oil Business Is Crippled And It May Never Recover
How badly do oil producers want to transition out of the deepwater and focus on shale? And guess what that means for the global oil price?
Exxon Mobil (NYSE:XOM) just paid Seadrill (NYSE:SDRL) $125 million in cash to get out of its commitment to...
The media said there was no winner at the June OPEC meeting held early this past week.
But there was—a big winner in fact.
OPEC producers didn’t win because they didn’t get a production-cap deal that would instantly give them a higher oil price.
Even the Saudis are now issuing multi-billion dollar...
It has been a rough week for global stock markets. But there is still One Big “Gimme” in investing markets. It’s a commodity that will have no cycle for the next 10 years—I expect it to go straight up with almost no volatility.
I’m talking about CARBON.
That’s because CLIMATE is the...
What did Chevron accomplish in 2015 by outspending cash flow by $19 billion?
Increase production a paltry 2%. Barely replace reserves--107% of production.
That is what Chevron managed to achieve in 2015 by spending $31 billion while generating just $19 billion of cash flow. And that is actually incredibly bullish, despite...
Great Investors Share One Trait – They Wait For The Fat Pitch
(Exactly Like This One)
If you want to be a really good investor, you need to be able to do one thing really well:
Sit on your hands and do nothing.
It sounds easy, but it is the hardest thing...
