Australia's largest stock trading and investment forum Australia's #1 stock forum

CMY

Click for more information

0.00%

0.5¢ capital mining limited

It's funny you say that about new discoveries...I've recently...

First 45 Last

Share
Profile

Follow
Manny_Meadows

43 Posts.

2

04/02/17

09:12

Post #: 22368017
Share

Originally posted by BabaRoga_space ↑

I can tell you this:
Lithium mining is in the infancy, so is supply and demand.
As demand grows, so will extraction and exploration tech and methods.
There will be new high grade discoveries made, new extraction methods.
In 5 years time only few of these current projects will be viable and everything that is known about extraction, brine/rock will be replaced by new knowledge.
Lithium isn't gold, it's one of most abundant minerals in the world.
Possibilities are to numerous to predict end game or 5 years down the road.
Someone might discover cheaper and safer batery made of some alloy, etc, etc.

That doesn't mean that there isn't money to be made now.
Good lithium announcement = SP up few 100% in very short time.
(Providing they actually find something)

Expand

It's funny you say that about new discoveries...I've recently started following UTR with their new battery technology replacing the graphite component of Li batteries. Who knows how long it will be until the lithium component is redundant too.

CMY Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 56 more messages in this thread...

First 45 Last

Add CMY (ASX) to my watchlist

SPONSORED BY