https://unauthorised investment advice/resources/qa-as-ev-sales-accelerate-one-of-nickels-leading-men-is-swerving-into-lithium/
Incoming Cygnus Gold managing director David Southam says strong demand for battery metals from the EV sector could run for decadesSoutham stepped down from his post as boss of nickel miner Mincor Resources a couple months agoThe former gold junior has collected 40km of strike in Quebec’s spodumene rich James Bay regionHis re-emergence may have caught many off guard as well.
Cygnus Gold (ASX:CY5) share price today:
It’s a shift for you in terms of the commodity that you’re focused on. You’ve been in nickel for so long, what attracted you to lithium?
“Obviously, a number of years ago, Wesfarmers took out and acquired Kidman Resources.
Over the last couple of years, since you were involved in selling that Mount Holland project with Kidman, the lithium industry has just boomed.
“Whereas Kidman would maybe have struggled, and that sort of played out.
You mentioned North America and how it’s playing a bit of catch up. Why do you think North American might be a better destination for a lithium junior than WA at the moment?
What was it about Pontax or Cygnus specifically that drew you in?
Speaking of the people one of the big shareholders, there is Steve Parsons, and the original people who put Bellevue into Draig, they’re all there.
“And Mike Bohm, who I’ve worked with before at Mincor and at Ramelius.
Going back to the longer term outlook with lithium, you say you’re a big believer in the electrification thematic. How long can that sustain strong markets for battery metals?
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