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8.16% 26.5¢ jindalee lithium limited

Ann: Jindalee repositioning as pure-play US lithium company, page-86

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  1. somapig
    321 Posts.
    lightbulb Created with Sketch. 29
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    11/05/22
    14:36
    Post #: 61343634
    Interesting too:

    By mid-April the company announced its plans to “focus its efforts exclusively on the acceleration of exploration and development activities at its world class McDermitt Lithium Project, one of the largest lithium deposits in the United States,” citing bipartisan support and “favorable political climate in the United States.”

    What the announcement does not include is how environmentalists and native tribal organizations have been trying to stop lithium mining in the area because of its impact on natural food and water supplies, hazardous waste, and the damage it would do to ancestral lands. The Thacker Pass mine, across the border in Nevada, has already seen court action and protest camps, almost as soon as drilling began.



    https://www.corvallisadvocate.com/2022/huge-lithium-deposits-in-oregon-face-opposition/

    A cynic perhaps would say that someone wants a cut? If the potential opponents of the projects in this area are genuine in their fears, fair call, though they are up against it and is there a compromise at all?



    JRL Price at posting: $3.50 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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