ESS 0.00% 50.0¢ essential metals limited

Hold Tight, page-24

  1. 207 Posts.
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    Stock jumping 200% in 2 days would look nice if they were about to start production. Recently there has been lot of material on Lithium. BUT 2 key things are outstanding: Demand is mere 518KT projected in next couple of years. AND this metal is present in abundance. So just PLS entering production foray would cover 20% market share and God forbid if RIO enters then they will probably give away a 20Kg bag of lith for free if you purchase a ton of copper. Point we all need to consider is the facts rather then all the hot air. The word URANIUM rings a bell ??? Paladin ??? even End of Cheap OIL theories ? If there was REAL charm in Lithium then BHP would definitely jump but they are not::
    Global mining companies stated that they were looking at the lithium demand spike and would act accordingly if the chance arose. BHP Billiton Ltd CEO Andrew Mackenzie said the lithium market was still relatively small and was a market they would unlikely tap into.

    So be careful people before your bet your house on it.
 
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