AlphaValue Corporate Services Fundamental Analysis FR
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AlphaValue Corporate Services
This research has been commissioned and paid for by the company and is deemed to constitute an acceptable minor non-monetary benefit as defined in MiFID II

Blackstone Resources

CR
Bloomberg   BLS SW
Batteries-Battery Sys  /  Switzerland  Web Site   |   Investors Relation
Banking big on battery technology breakthrough(s)
Pros
  • Blackstone Resources is investing heavily in next-gen (i.e. solid-state) battery technology and 3D-printed mass production, thereby moving up the (battery) metal value chain
  • Ownership of key materials (like manganese, cobalt, lithium and nickel) is a good start to battery initiatives at the R&D stage
Cons
  • Battery materials and manufacturing are challenging ventures facing a host of technological and financial hurdles
  • Blackstone Resources is not cash generative and faces high execution risks across its businesses. The funding bet is on German R&D subsidies
Target
Upside 184%
Price (CHF) 4.48
Market Cap (CHFM) 191
Perf. 1W: 53.4%
Perf. 1M: 96.5%
Perf. 3M: 86.7%
Perf Ytd: 107%
10 day relative perf. to stoxx600: 89.7%
20 day relative perf. to stoxx600: 93.5%