Hello all,

Today a stock that I will get until March 22 and then hold it for about 6 to 8 years. So comes in my long-term portfolio.

Freyr battery is currently still a fairly small company but has extremely high potential and already now some advantages.

The market for battery manufacturers will grow in the next 10 years from 90 billion to 900 billion (not my forecast is very easy to research).

But now the interesting. 2 strong advantages of Freyr

1. Freyr is one of the "greener" or One of the most environmentally friendly battery producers.

2. what for me is the more exciting part, they produce through a cooperation with a US company which makes the production faster and about 15 to 20% cheaper.

Currently they are in talks with customers and want to present the first contracts by March 2022 (so I want to get in by then).

Where should the journey go. The current price of 10.13 euros is already strong but I see a lot of potential here. I suspect on the basis of the benefits and assuming that they also make the first agreements or sign contracts a strong increase. My target price at 2028 would be 80€-100€ in the good scenario and 20-30€ in the pessimistic scenario.

This would correspond to an approximate growth of about 20%.

I am convinced of the concept and the company. Have any of you already looked into Freyr?

Since I'm in the battery sector right now, input on lithium stocks is coming soon and which one is my favorite here.

Since no advice DYOR!