INF 1.92% 5.1¢ infinity lithium corporation limited

Ann: Positive Court Decision for San Jose, page-29

  1. 1,648 Posts.
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    Europeans as a general rule dislike mining, I don't particularly fault INF for their approach on this one.

    Spain has always ranked low as a location to invest in, they are no Germany.
    https://hotcopper.com.au/data/attachments/3977/3977480-66f0f7ab42520af6ffdd1a1be0721267.jpg

    Evidenced by their unemployment rates:
    https://hotcopper.com.au/data/attachments/3977/3977495-835292e0bd27b123e38edcf35eba4fbe.jpg
    I mean, just look at Germany vs Spain. Saying VUL is some super friendly PR group is fine, but their audience is entirely different. Germans have massive manufacturing, globally dominant industries. Spain's economy is entirely different.

    I do back the people of Caceras on this though, I think they deserve guarantees of jobs along with a guaranteed income stream of some sorts. They want to protect their town, can't fault them for that. But I hope it's the people that benefit from this mine, not just the beaurecrates looking for a pound of flesh.

    I think the project will eventually get off the ground (just underground), Europe and Spain can't afford it not too, Spain needs the investment that will follow this, battery plants, EV plants, the associated industries etc. Not saying they (INF) can't do better, but VUL is entirely different.

    Just need to work out a middle ground.
 
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