CRML Up 18% Today, But President Trump Doesn’t Want Tanbreez
Critical Metals (CRML) is up another 18% today and is up by 100% year-to-date to a market cap of US$1.63 billion, but President Trump doesn’t want Tanbreez.
President Trump only wants Energy Transition Minerals (ASX: ETM)’s Kvanefjeld, and ETM’s market cap at $0.145 per share is only US$194.37 million or less than 1/8th of CRML.
Only Kvanefjeld is big enough for President Trump to care about. Tanbreez isn’t even on his radar screen.
Currently the only major U.S. producer of REEs is MP Materials (MP) and most of their REEs are being shipped to China to be processed by Shenghe Resources.
Shenghe Resources is the #1 largest ETM shareholder.
Shenghe Resources recognizes Kvanefjeld as the western world’s only world class REE project.
We are thinking President Trump is considering having the U.S. buyout Shenghe’s stake in ETM, and maybe Trump is asking questions about why it is listed on the ASX and not the NASDAQ, and this is why ETM is suddenly now in a rush to list on the NASDAQ.
All of these facts will be made clear to all 20 days from today.
When the Hispanic Prosperity Gala takes place at Mar-a-Lago on February 10th we will be celebrating ETM trading for $0.50-$1 per share.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA’s President has purchased 1,200,000 shares of ETM and can buy or sell shares at any time. This message is meant for informational and educational purposes only and does not provide investment advice.