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Omegaman48

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05/07/24

13:16

Post #: 74625302
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Originally posted by Monetenmän: ↑

Hello There,
Gartenfan´s summary is a way too pessimistic.
I am from Germany and seen the documentation.

short summary:
1st part: the documetary showed that there is a big labour market in the Mining at Austria. A huge chance for jobs ongoing geologist students- they interviewed students and teachers.

2nd part: some company´s have been introduced- specially a running graphite mine and the Wolfsberg project.
Mr. Wanke said following:
- actuall starting in 2026 (starting phase)
- full operating in 2027
- Invest: 500 Mio
- already invested: 40 Mio
- sales volume by actual low lithium pricing: 200 Mio each year
- by 10 Year operation: 2000 Mio
- he showed some lithium ore and explained what they want to do there...
- only one sentence from the commentator was at the end that the residents fear more traffic

3nd part:
- Interviews with geologists, residents etc.
- geologists and politics opinion: Great chance for Austria
- Residents meaning : they are feeling uncomfortable with planned projects. They interviewed for example an older woman in a town where a plant for natural gas is planned - not in Wolfsberg.

In total there was a lot of hints to the european critical mineral act. The EU wants to support the mining in the EU

Summary of the documtation:
The mining industry Austria and the whole EU is about to be revived

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just goes to show that mMB/gardenbike cannot be trusted to give unbiased information and those that champion him have dubious agendas.

But it’s all good, now that BMW and the Saudis are on board it’s when not if, the smart money should be accumulating… I know I am.

EUR Price at posting: 5.8¢ Sentiment: Hold Disclosure: Held
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