Forget Lambos. This looking pretty good right now.
Quote:
America's Hottest New Investment: Rare-Earth Companies
U.S. and private financiers pour money into critical minerals, believing China won't ever be a reliable supplier again
TxAgLaw03RW said:
Paywall. Does it actually mention WWR? I saw they put out a press release about permitting efforts but didn't look like anything earth shattering.
jokershady said:
Sure enough price slammed into the 50 DMA and did not break it….did we find a bottom?
Don't know…..
See what happens tomorrow….if she doesn't move much tomorrow or Monday might have found a bottom….

TxAgLaw03RW said:
You're off your game today. We're up 12% today and not a single meme yet.
TxAgLaw03RW said:
Update from management. Looks like Lambos might have to be next year's model:
https://www.businesswire.com/news/home/20251107378872/en/Wes****er-Resources-Announces-Strategic-Update
Quote:
On November 3, 2025, FCA US LLC ("FCA"), which is a subsidiary of Stellantis N.V. ("Stellantis"), unexpectedly terminated its Binding Offtake Agreement with the Company dated July 17, 2024. Stellantis was one of three companies, including SK On and Hiller Carbon, with existing offtake agreements with Wes****er.
djmeen95 said:
Plunges? lol. That writer doesn't know WWR and TexAgs, that's for sure.

jokershady said:
Earnings will be reported after market closes today. Earnings call will be before the market opens tomorrow.
Squuuuueeeeeeeeeeeeeeeeeeeeze Ags!
FobTies said:
Their PR with buried news of partner backing out of "binding" offtake agreement was acrobatic. They spun it as capex savings.
What they need to do is take those savings and buy their way into a Trump post on Truth Social about gov assistance creating "domestic graphite production for EVs." They should have a local GOP rep who can elbow into the WH. Maybe call up Boeing and see how they do it.
*cant post link bc "wes****er" in URL is a banned word
RenoAg said:
Given what's going on with automakers and EV plans with the federal government's $7500 incentive that ended 9/30, I wondered if we would see something like this. Not sure how many different large scale uses for graphite there are.