I feel the same about Mitsubishi. that they can be involved in the trading/lending of shares through MS when they are probably privy to shipping details before anyone else. They are our middle man.
The piece of the puzzle that didn't make sense to me was the fact I have been reading the quarterlies for the last year and every 3 months I see that all they are doing is digging some wells and establishing a base camp at SDV.
At times I have been frustrated that the evaporation process hadn't been started when they have the machinery they have the cash. The demand is there, the price is right. What are you waiting for?
Then Thesi put the post out today about the POSCO method of producing lithium in as little as 8 hours.
will we need the evaporation ponds for this process? probably not, will we need the wells and base camp?
Yep. But what does that say about the updated DFS.
GXY Price at posting:
$2.93 Sentiment: Buy Disclosure: Held
