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Understatement

548 Posts.

158

02/02/22

17:27

Post #: 59308240
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Originally posted by Bluegoose: ↑

I suspect DFS by end March will be a challenge and they have given themselves a bit of wiggle room.

I would not be surprised if it were delayed till April / May but this quarter would be very good indeed if achieved.

Lots of delays everywhere at present - especially in WA. And I suspect Europe is a bit of a challenge also.

Meanwhile, all these delays keep the Lithium market in deficit which is supporting chemical prices and certainly producers / near term producers.

Could be a pretty good 2022 if Russia behaves itself!!

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Hi,

On the other hand the EU plans to be 80-90% Lithium self-sufficient in the next few years. They need to get the Lithium from somewhere.

Traxys should not have a problem to sell the Lithium. So many battery giga factories are going to be built in the EU.

K

EUR Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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