post 1963. The conditions for a huge bubble developing, together with "someone" grabbing a major share of the market, could not be more stark than what is happening with lithium. VW and Toyota saw it coming and most certainly has China.
The "capitalist" financial markets are simply not prepared to put up the capital that is essential to develop the supply of llthium, so, it is being left to China, and the actual manufacturers, whose very product depends on supply, to guarantee that supply by instead of granting large contracts for the supply, are taking actual equity in the miners who HAVE it.
THAT is LKE's challenge, proving that they have it and if they do, with the vast expanses of their properties (200,000 hectares-the largest 100% owned properties in Argentina) we could see the next major miner funded by equity partners, be they other large miners e.g. Rio, or major car manufacturers, that is, of course, if China doesn't get in fist!!!!
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Mkt cap ! $66.74M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
11 | 1033639 | 4.0¢ |
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Price($) | Vol. | No. |
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10 | 1031637 | 0.039 |
12 | 2570663 | 0.038 |
16 | 1946457 | 0.037 |
15 | 1257657 | 0.036 |
Price($) | Vol. | No. |
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0.042 | 1364178 | 6 |
0.043 | 230000 | 3 |
0.044 | 549155 | 3 |
0.045 | 346214 | 6 |
0.046 | 886266 | 7 |
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