ARL 5.21% 50.5¢ ardea resources limited

Largest cobalt resource with lowest valuation, page-2090

  1. 4,817 Posts.
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    The tide comes in, the the tide goes out. The stones with some weight behind them stay where they are while the flotsam and jetsam gets thrown this way and that- getting the cream taken off them every time they follow the herd.

    It appears we may have seen the bleeding slow today and some have remembered one thing- the day that a producer or resource holder signs an off take or joint venture etc with a battery or EV maker the rush will truly be on.
    Those makers are still trying to play the hard game but demand for and sales of home storage, EV and even small devices just keeps expanding, like a steady stream from a crack in a dam wall- when that crack opens up reality will hit those makers like a tonne of bricks.

    We all enjoy looking at new ideas such as battery chemistries etc but generally forget that existing battery types are themselves constantly being refined & improved, many times rendering ‘the next big thing’ redundant before its ever seen the light of day.

    Wider media brought we energy juniors to Joe Blow’s attention, now we must remember that there is a learning curve/settling period required to weed the sheeples out from each new group.

    Even our little forum has had a gang of the non involved copy/paste crowd come in- most will embarrass themselves and slink off to whichever other forum those that influence them tell them to go to next.

    Remember- all it’s going to take is one welll priced off take agreement.... just one.
    Wait for that first one and then sit back and enjoy the ride for the next decade.
 
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