General Discussion Topics, page-44495

Agree with the fact that Li boom has begun.
But the Sinopec backtracking on ties with Russia is more of a diplomatic playout.
China is in talks with Saudi oil giants. This is all diplomacy.
All major countries throughout the world are playing chess diplomacy.
Li is the balancing act, less dependency on oil at the same time address environmental concerns.
And every day and every week as the news rolls out from both, various national governments and private institutions - be it car manufacturing or battery manufacturing companies, about the large investments about the EV revolution, Li and other essential battery components are more likely to be a favorable commodity.
Russian oil and gas is still important for the EU. The other big issue is rising oil prices and how business's are going to be affected by it. Oil still plays an important role and is critical to the supply chain.
But, companies like SYA or rather SYA itself, should benefit in near med and long term, because of its location. Verplak85 had mentioned it in one of his earlier posts, mentioning SYA's location and proximity of rail transport near SYA's facilities. All this is going to favor SYA.
But let's wait for DFS and a positive outcome for the BAPE process.
Fun week ahead. Either way, if SP moves north or south or drifts sideways, I will keep adding small amounts.
Happy Monday y'all.
Cheers!