DYM 10.7% 15.5¢ dynamic metals limited

Ann: LANDMARK $20M LITHIUM-FOCUSED JV WITH MINERAL RESOURCES, page-17

  1. 3,052 Posts.
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    I am still of the opinion too many ASX companies have lithium projects, but reckon MIN is trying to achieve something at DYM's Widgiemooltha, at Kali, at GL1, at DLI and whereever else they got a foot into, perhaps Chris Ellison's plan is to go toe to toe with FMG? Perhaps he is trying to go a step further?

    But better these Aussie billionaires getting their hands on Aussie lithium projects than overseas owning them.

    Overall this is great for DYM though. And hopefully it allows the team to spend more time working on the Nickel and gold.

    And Nickel price has rebounded a bit. EV manufacturing still does have to clean up though, cobalt and nickel prices are down because of cheap unethical cobalt and nickel supply from Africa and Indonesia, (I think a message needs to be sent to those producers that you can't go using child labor, slave labor and you can't go shredding forests and polluting waterways either.)

    Hopefully they clean that up and then Nickel prices will rise more which will help reopen nickel mines here in Australia and bring back profitability.
 
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