U.S. markets close in 4 hours 26 minutes

Westwater Resources, Inc. (WWR)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
Add to watchlist
4.3800+0.1500 (+3.55%)
As of 11:34AM EDT. Market open.
Sign in to post a message.
  • P
    Puma
    Westwater Resources, Inc. announced that it has taken delivery of approximately 30 metric tons of natural flake graphite concentrate in Germany. In the meantime, these other markets are expected to grow by around $10.3 billion by 2024. Check the dc on my landing page. http://psce.pw/MassivePotentialTakeOver
    Under Valued Companies Investors Need To See In The MJ Space!
    Under Valued Companies Investors Need To See In The MJ Space!
    psce.pw
    Bullish
  • S
    S
    I feel like all posters here are Robinhooders that are constantly chasing the next 10x return stock. Any mention of the word battery and everyone piles on. This is a company with patents pending on a completely novel and environmentally-friendlier recovery method for graphite. That is the near term revenue stream.

    The long term and much more valuable prospect is in their mineral rights and royalties. As a mining professional and individual investor, the valuation of those rights compared to the current market cap is incredible. The chances of them taking those properties into production in the next 8 years is basically 0, unless a) they're already a long way down a federal permitting path (which they have not said they are) and b) they can get several hundred million dollars that it takes to commission a mine.

    However, with Musk yapping about getting into mining and scooping up rare earth resources, I would not at all be surprised if this company is acquired. Not by Tesla, but by any number of mining companies that recognize the looming supply shortage of graphite and rare earth metals. Otherwise, as they prove their recovery plant works, they will gain the backing they need to go into production which would put this at about 10-15x where it is right now. That won't be for another 3 years, though, and as with investing in any junior mining company the risks are enormous.

    I jumped in yesterday in an amount that I wouldn't notice if it disappeared. What separated WWR from other juniors is they COULD have a technology to generate revenue as they go through permitting and study phases to get into production. That will attract a lot of attention from the industry and mining investors.
  • M
    MrM
    Westwater is uniquely positioned to benefit from the action the U.S. government is taking to ensure that Americans and its technology manufacturers can rely on a safe and secure source of graphite to power our next generation of power and technology needs and possibly to meet needs for vanadium as well.  The action by the President orders the Office of Science and Technology, the Secretary of Defense, the Secretary of Energy and the Secretary of the Interior to provide guidance to clarify which minerals and projects are eligible for government support, which can include loans or grants, under Title XVII of the Energy Policy Act of 2005.  Furthermore, these agencies are directed along with the Secretary of Commerce, the Administrator for the Environmental Protection Agency and the Secretary of the Army, to use all available authorities to accelerate the issuance of permits in connection with expanding and protecting the U.S. domestic supply chain for minerals such as graphite.
    Westwater is evaluating the Order and how to best approach the relevant agencies in the U.S. Government to emphasize the importance of battery graphite, its importance to the nation’s security, and how the Coosa Graphite Project in Alabama fits into the enactment of critical minerals policy.
    Bullish
  • M
    MrM
    The TESLA Connection-

    WWR owns the only near-term graphite mining site in the USA, and has several exploratory lithium brine sites in the country. There are less than 7 large graphite deposits, and, WestWater OWNS TWO of them. Major auto makers have ALREADY built plants in NEAR proximity to WestWater Graphite mines. As well, GM and Mercedes JUST announced EV production will START at THOSE Alabama plants.

    The supply of graphite in the world is about static, with threats of export controls from China. We certainly don't want to be dependent on them for energy infrastructure. Our best solution is to get the graphite right here.

    If Elon puts out his battery manufacturing plans as we suspect we can expect there to be a massive demand. He has ALREADY been in contact with the Lt. Governor of Alabama, regarding re-location to the state. If he leaves California, as he indicated, he will NEED to be near a LARGE Graphite source, to support new battery development, and, EV production.
  • M
    MrM
    What would happen if the company announced new agreements, a merger, an acquisition, partnership, an agreement with the government, etc? WestWater stock would EXPLODE.
    Bullish
  • e
    ebby
    Go All-in on Graphite With Westwater Resources Stock
    You can own WWR stock to capitalize on an underappreciated but ubiquitous resource
    By Louis Navellier and the InvestorPlace Research Staff, Editor, Growth Investor Oct 20, 2020, 9:12 am EDT
    When it comes to investable resources, most traders focus on gold and silver. However, there’s more to the resource space than those metals, and I invite you to consider Westwater Resources (NASDAQ:WWR). You might not have heard much about WWR stock, but the momentum in this under-the-radar name is compelling.

    a line of AA batteries to represent graphite stock WWR stock
    Source: Shutterstock
    Investors who owned WWR stock prior to October probably didn’t have much to say about its price action. Yet, there was a nice October surprise in store for them.

    Westwater isn’t only interesting because of its price action. This company is worth your attention because resource sector investors ought to think about expanding their horizons beyond the popular minerals that so many traders obsess over.

    Don’t get me wrong, as I still want you to be selective when choosing resource companies. After all, there is always risk involved in this space. Hopefully, after learning about Westwater Resources, you’ll find that the reward-to-risk ratio is favorable for this niche miner.

    WWR Stock at a Glance
    Prior to this month, you probably wouldn’t have seen WWR stock on the front page of many financial publications. Unfortunately, the stock started 2020 above $2 but descended below $1 in early April.

    This drawdown in price was, at least in part, most likely due to the onset of the novel coronavirus. The global pandemic took a major toll on the resource sector. So, it shouldn’t be too surprising that WWR stock stayed depressed for a number of months.

    Patient shareholders were rewarded, however, as the stock price was back above the $2 level in late September. Then a key event took place in early October which pushed WWR to its 52-week high of $14.50.

    If you haven’t taken a position in Westwater Resources stock yet, that’s fine because the share price has retraced back to the $6 area. This is a better entry point that allows much more room for upside if the bulls take back control of the price action.

    LOUIS NAVELLIER: MY #1 STOCK FOR 2020

    Narrowing the Focus
    In a move that changed the company’s focus dramatically, Westwater Resources agreed to sell its uranium business to enCore Energy (OTCMKTS:ENCUF).

    This represents a quantum leap forward for Westwater Resources because now the company can really focus on graphite production. Without having to expend resources on uranium, Westwater is a major step closer to its goal producing battery-grade graphite by the end of 2022.

    Of course, the uranium business sale will also provide Westwater Resources with a capital infusion. Perhaps the company can use this capital to further develop its Coosa Graphite Project in Alabama. This is where Westwater controls more than 40,000 acres of mineral leases as well as a graphite deposit that has over 27 years of life.

    Executive-Level News
    You might be wondering what caused the WWR stock price to jump in early October. What happened was that President Donald Trump enacted an executive order intended to “reduce the Nation’s vulnerability to disruptions in the supply of critical minerals.”

    The text accompanying the executive order specifically mentions graphite several times. While not stated, there’s an implication that the U.S. may take actions to promote exports and/or limit imports of graphite.

    Most people probably don’t even realize how important graphite really is. It’s used in cars, smartphones, laptops, flashlights, smoke detectors and other products.

    As you might expect, Westwater Resources CEO Christopher Jones was pleased with Trump’s executive order. Jones declared that the order “opens up new avenues for financing and permitting our Coosa Graphite Project.”

    The Takeaway
    Now that the WWR stock has come down from its 52-week high, there’s an entry point available at a more favorable price. So, if you’re bullish on graphite, WWR is worth buying and holding as even the White House is now focusing on this essential mineral.

    On the date of publication, neither Louis Navellier nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in this article.

    Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system — with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the “Master Key” to profiting from the biggest tech revolution of this (or any) generation.
  • M
    MrM
    So, here is what I am thinking. There is an ADDED benefit for Elon Musk, to move operations to B A M A.. Redstone Arsenal. It was the home of Werner Von Braun, and, the CENTER of the Apollo missions. SpaceX would fit right in.

    As well, given Elons comments about wanting his own battery division, I could see a scenario for a STRATEGIC PARTNERSHIP between Tesla and WWR. That doesn’t mean they wont continue to sell to the other Auto companies, given graphite is a critical resource. But, it would speed up Elon’s efforts, if he had DIRECT ACCESS to critical resources (ie. NEVER any backlog).
    Bullish
  • h
    helcat
    The price spikes are definitly getting stronger,last spike into the teens seta record volume of 200 million shares,and also brought alot more attention to the stock,hard to put a number on how high the next spike will be,I know one thing,I dont want to be sitting on the sidelines when it comes. I was glad I was in for the ride on the last 3 spikes,and thats why Im accumulating again,this is a very active and rewarding stock for those who know,and its getting better,just wish I bought more in September.
  • M
    Michael
    If you are long do no sell. People on here are writing about the 28 employees. They do not understand how mining operations work. First the 28 FT employees are the execs and people who work in the office. They probably have hundreds of subcontractors doing the physical mining work and are not officially on the books as employees. Also with this push toward EV the demand for lithium, graphite is only going to increase and if they hold the licenses to this they control the rights. This sell off is just the MM and algorithms forcing people to panic sell so they can get your cheap shares. Looks for future deals with Tesla, VW etc. in the coming weeks. Also if Biden wins the election there will be a bigger push for going green and companies like this will benefit from this. If Trump wins there will likely be government money available as to cut out China. So in either situation it is a win for WWR and other mining stocks.
  • C
    Charles
    If it breaks 4.36....look out it will go to the moon!!!
    Bullish
  • C
    Charles
    GM pledges to go all in on electric vehicles. They will need batteries and those batteries will need graphite!!
    Bullish
  • A
    Al
    Panasonic drives battery technology and they are using part synthetic graphite and there are alternatives to graphite.
  • M
    MrM
    IMO, W W R is sitting at 1/10 of the stock price it should have, at this point.
    Bullish
  • M
    MrM
    Keep your ear to the wall on this one. Big EU graphite company looking to expand in this U.S., to meet dramatically increased worldwide GRAPHITE demand, for EV Batteries-

    EcoGraf has qualified high-purity fines with European customers and signed a 10-year agreement with Germany's Thyssenkrupp Materials Trading. The agreement covers the sale of 50pc of planned output of purified spherical graphite and by-product fines from the plant. In the longer term, EcoGraf plans additional processing facilities in Europe and North America.
    Bullish
  • M
    Michael
    there are so may PR ahead. This company is just starting. Update after Update in the coming weeks and every Update will push the price 20% higher
  • M
    MrM
    Here is your CLUE something involving TESLA is coming. Released only a short while ago. Doesn’t take a rocket scientist to line up ALL THE CLUES here 😉

    'Lithium ion batteries should be called nickel-graphite'

    Tesla CEO Elon Musk and chief technical officer JB Straubel have attempted to play down the role of lithium in a lithium ion battery by suggesting they should be called nickel-graphite cells, but inadvertently could have given themselves further supply headaches by shining the spot light on more critical raw materials the EV manufacturer will need.
    Bullish
  • M
    MrM
    My friend at the SEC is taking a look at the S hort S ellers, and, the MM activity here.
    Bullish
  • D
    Diane
    People are loosing alot of money. During these hard times.
    Please.....
    Is there anymore that can give us the truth about this stock during this difficult time. Sad that we have such a bad state of affairs with covid, turmoil in government and now to loose money besides.
    The story sounded good on this stock. Can someone with knowledge and experience give us their honest opinion on this stock.
  • M
    MrM
    The minerals they are processing are extremely expensive on the market. FV here is greater that $2T, imo
    Bullish