 In this video we're going to be talking about MP Materials, where I'm going to give a stock update on this particular company. We'll go through some of the recent information and news on MP Materials, and why I think that this stock has still got a lot of potential to run up from what its current position is currently at on the stock market. ac rhaid beth y gallu hynny'n credu iawn amdano'u disio drainol rywbeth a hwn yn ddweud IEP sy'n ddiwedd cyfnodd arwadouldio eu cyfle i gyflym y cyflol gyfer y Swydd, a'r ban yn ymweld gan taethu teitno ychydigol i ddiwrnodd, gan y pethau MP mae'n cael ei gŵr modd i'r llwysoedd o'r llwysoedd i gael eich cyfnodd a'r llwysoedd i'r llwysoedd i gael'r llwysoedd i'u hoffio, a mae'r rhesawerdau a mae'n ddim yn ei fod yn gweithio. Felly, mae'n meddwl â'r bwrdd ychydig o'r ffordd o'r rhodd, ac y gallai yn gwneud o'r gweithio ar y gweithio ymlaen i'r ffordd yma ymlaen i'r bwrdd. Felly, yma'n gweithio yma ymlaen i'r gweithio ymlaen i'r gweithio, ac mae'n gweithio, Ychwanegi addeig mae'n ffordd o ran i gyflawni, mae'n gwybod i'r diamon yn y cyfnodi yn credu y pethau gyda'r pethau. Mae'r pethau i gyflawni cyflawni, mae hwnna i ddweud yn gwahodol. Mae'r peiriau sy'n wedi ddweud maen nhw ym 1000 yn cyfrifiadau MP. Mae'n gwlad i'r peiriau o'ch cwrs greu cyflawni sy'n gwneud. ac ydych yn fawr i'r syniadau cymorth, yr eistedd iawn, ac ydych yn ein cyfyrdd eifriwyr. Mae'r ddweud yn llwyddoch chi wedi ei ddechrau ei ddechrau yn elwyfawr cyfyrdd. Dwi'n rhaid i'n dweud i'r ddweud yn elwyfawr cyfyrdd cyfyrdd, ac rwy'n rhaid i'n ddweud i'r ddweud i'r ddweud i'r syniadau cyfyrdd. So mae'n dda i ddweud i elwyfawr cyfyrdd cyfyrdd cyfyrdd cyfyrdd cyfyrdd, but also the electric vehicle batteries or in terms of MP materials the resources they're actually needed there. So having a good diversification within the actual industry of stocks is also a good point to have but just to read this, a share of electric vehicles related companies traded mixed on players with investors trying to decide where to put money in the sector, shares of Elrhyngun cyfrifiadu mynd yn neol iawn o'r sefydlen odd ynddo i bwysigol e-v, ond mae'n taff i gael chefri, nid gennych e-v ac mae'n dechrau e-v ac mae'n teimlo e-v yn cael robyn nad yna yn ei'r lle ff�am o'r bwysigol e-v ac mae'n traffau ffaf am y prosiedol. Rydym yw ddigon yma ar gyfer beth gennym er mwyn i, ac mae'n gweithiwch ymddangos yma yn cael ei ffordd 10 o'r 12 a bod hynny yn cael fi'r llコgol yma яwn price and where we think it's going to end up. So similarly, share of EV solid state battery, make a quantum skip, we're up 10% early and we're giving back all those gains. So what about this? So why has MP materials themselves actually been increasing in price? And this is a good indicator really of constant leadership in the company. So ultimately, some called James Likinski, who's a CEO of MP materials, made an appearance on CNBC's Mad Money last night and investors heard why he believes his company is set to prosper from the growth in EVs. So he actually made his case for the company in terms of there's going to be growth in EVs and there's going to be a need and more of a demand for these materials. And it's also interesting because they're very exclusive. There's not much competition out there in terms of the mining of these materials domestically. So that's an important point there. So they are going to get a lot of demand in the future. It's going to happen. It's not just a case of if it will happen. It's a case of when. So ultimately, you've had the CEO on financial programmes talking about their company. And from that, the investors, the stock price has gone up a decent amount. And I think as they start to talk about this more, as this stock becomes more well known, because it isn't as well known still, is it becomes more well known and gets more investors involved, I think that this stock price is going to go up not because of the hype, but because of the realisation of the company's potential. OK. So, again, another one here. So MP Materials, again, could double in 2021. So this is in terms of an executive decision segment of Mad Money Wednesday night, Jim Cranisbert, with James Letinski, founder and chairman of CEO of MP Materials, the Rare Earth Mineral Mining Company, with the Rare Earth Mining Company, that recently came public by a special acquisition company. And he's saying about terms of doing remarkable things as well in terms of what they're trying to achieve in the future. And when asked about the need of rare earth materials, Letinski explained that whether you're talking about electric vehicles, wind power or drones, everything relies on rare earth magnets. It doesn't matter if your EV is powered by lithium, iron, solid, state batteries or hydrogen, the motors all need magnets. And this is the key point there. This is where the demand comes from. And this is where the versatility of the company is. You know that this company is versatile. MP Materials is versatile because no matter what these materials are needed. OK. And it's just a matter of time as the demand increases that will have an impact on the demand in the company itself. So it's a versatile company in that sense. And that's why I think it's a long term company as well. So historically those magnets have all come from China, but MP Materials is now giving companies like Tesla and Apple a US based alternative. So they're having a domestic alternative there. So what's currently out there and that can add to a competitive advantage. The only the only concern I have with this is obviously that the competing on price aspect, you know, if they're being completely undercut on price, that's the only concern. But I think that that is a really minor concern if you consider the scope of the opportunity and the demand in the sector that it's in. OK. So what are we at now? So we're at 31.44. And there has been a big run up since that program. OK. We was trading at 26, around 26.27. And it's now gone up to 31, 32, 33, 34 around that. So, you know, we've had a decent increase, you know, sort of 15, 20 percent increase, which is, which is a lot. It's a lot in, you know, just a couple of days. And that was partly based on, you know, the CEO talking about his company. And ultimately by him talking about that, a lot more people have seen the potential of the company. And as long as that continues to happen and the demand is still there, the key and the key fundamentals of the company is still there. I think that this stock has got a massive opportunity. I would see if, you know, if you're looking to get into this stock, again, I'm not a financial advisor, but I would wait to see if it drops again a little bit and then get in a build out position. But I think in terms of the long term potential of this stock, I think it's got the 10 potential to 2X, 3X very easily in the long term potential. So I think it's one of those stocks that's worth looking at and worth having in the portfolio with a range of other stocks as well, obviously. So that's the video on this. Just wanted to go for a quick update on MP materials. Talk a little bit more about it. So if you enjoyed the video, if it's helpful in any way or anything like that, then do leave the video a like and subscribe to the channel if you're new, and I'll talk to everybody later.