In the US the market for electric cars is in decline .Just see...

In the US the market for electric cars is in decline .Just see what happened to Tesla yesterday.
Lithium prices like any commodity are. Subject to boom and bust cycles ,currently as bust .
From the point of view of DEG this means any money obtained from selling Lithium prospects in their large land holdings will be very low .
Lithium has been much hyped on this bb .
I did notice another news release which has not been mentioned on this bb by all the boosters who have been consistently wrong for 3 years and that is the recent Gold road annual production figures which came in at the low end of estimates.The last quarter showed a significant decline in gold production due to “labor issues” ie a shortage of available labor has impacted Gold roads production from the Gruyère mine and cash reserves dropped 50 million in a quarter.
This is of double importance to DEG,one Gold road has 20% of DEG ,it has been a lousy investment for them .They will be required to buy 20% of any new share issue which will be inevitable for DEG as mentioned above due to time to production and cash burn rate .If problems continue at their 50% owned mine which is their main source of revenue this may create issues for DEG.
Difficulties in mining due to labor shortages (30% of staff missing at various times)means that building a huge plant may very well prove more difficult ,more expensive and take longer than currently forecast.