Banter and general comments, page-11434

I also watched the Lithium story on ABC twice today. Cant find a link

They said they've been digging for 6 months and have to go 40 m down to get to Lithium . I dont belive either of these is true.

The young reporter also insinuated that recent high cost of Lithium spodumene has affected the cost of batteries and electric car costs.
With the increasing supply coming on line with new mines the cost of lithium will come down and so too will the cost of electric cars.
Thats if demand is met - which it will not be IMO

I think it's also a bit more complicated than that as Lithium is only one material of many used.
I also wonder if buyers will pay a premium for electric cars as they should cost less to run

Regardless I think it was good exposure for the company
Its the most Ive seen of the recent activity on the site and progress looks good