The EV and battery industry today in 2023 is at a point of no return as it will only keep expanding.
Now, how does that expansion take place if incentives isn't there for explorers and new producers to come online if prices do not present the margins required with market lithium prices?
Well it can't and less supply will come on the market as demand increases and its the whole same cycle yet again.
WR1 is now well placed with the Adina discovery now, to take good advantage for the possible future supply crunch 2 to 3 years down the track.
If PMET is just a driller, that leaves only WR1 progressing into a miner in the next 3 years timeframe.
How many other legitimately significant mine will come online in the next 3 years after the current crop like LTR, Sigma, SYA ?
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