...What I found interesting about Lomiko Metals (TSX: V.LMR, Stock Forum) was its diversification. Paul Gill, company CEO, explained that in light of the recently announced location of Tesla’s gigafactory outside of Reno with its proposed 500,000 battery pack per year production presented an incredible opportunity for graphite producers that are able to position themselves for high-end, large-flake graphite used in the production of lithium ion batteries. But production isn’t enough in today’s market where resources and technology are beginning to merge.
So on top of their highly prospective Quatre Miles Graphite property in Quebec, Lomiko, with Paul at the helm, has established a healthy multi-pronged approach which saw the company create Graphene 3D Lab last year to take advantage of Graphite’s newest disruptive form, Graphene, as it pertains to the explosive 3D printing space. With Graphene’s almost limitless potential, Lomiko seeks to spin off two new technology plays this year, Graphene ESD and Lomiko Technologies.
Graphene ESD deals with energy storage devices and is a relative no-brainer as Graphene is set to turn the “ESD” market on its ear with hitherto unknown storage capacity and nearly-instant charging. Lomiko is a bit harder to explain, but suffice it to say the new entity will have secured the rights to manufacture and sell three power convertor system designs along with the pending supply contract for an existing customer, Megahertz Power Systems.
This presents a robust economic atmosphere for the company and Gill has met the challenges of spreading the company’s wings with aplomb. I think Lomiko is an entity to consider for portfolio adoption. Here’s my lowdown on the companies, the conference and the personalities that made it possible |
