Dear Reader, We’re nearing the end of 2022, yet a solution for the lithium supply shortage is still nowhere in sight. Worse, experts are predicting the shortage will last until the 2030s. But a ‘newbie’ ASX mining stock could offer a ray of hope. The company might be a newcomer, but it’s run by a family of ‘resource aces’ who already made $650 million from one mining deal. What drew me to this stock was its exceedingly clever operating strategy. You see, this company is known as a gold mining stock. It owns a 100,000 ounce-per-year mine that can potentially produce gold at just $1,300 an ounce. With the price of gold roughly at $2,500, it could pump significant revenue to the stock. That’s great for gold investors. But it doesn’t end there… This mine also contains critical EV minerals like lithium and nickel. And they’re going to use the surplus cash and infrastructure from their gold mining operation to extract them. In other words, it’s an experienced gold miner with the potential to become a battery mineral powerhouse. It’s a left-field yet potentially lucrative strategy that most investors aren’t aware of — yet. Which is why you can still buy this stock for around 40 cents. But I believe it’s only a matter of time before investors realise the potential of this stock, so it’s best to look into this opportunity ASAP. Read about it in my briefing. Sincerely, Callum Newman, Editor, Australian Small-Cap Investigator |