NWE 0.00% 5.6¢ norwest energy nl

"lithium is overpriced and over developed"Disagree, in fact that...

  1. 2,422 Posts.
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    "lithium is overpriced and over developed"

    Disagree, in fact that is blatantly wrong. I suggest don't gobble up the short term Lithium price manipulation that is going on from our friends in China and the bankers.

    There will be SIGNIFICANT Lithium shortages over the next decade and MIN should benefit greatly from it. If it's all doom and gloom and "over developed: then why has PLS recently announced the DFS to invest over 560M on scaling up their operations over the next 2 years.

    MIN want the gas for their mining operations, it will improve the operating profit on their Iron Ore and Lithium operations, and gives them control of one of their highest costs. The sale of the gas to domestic/export is also obviously a motivating factor.

    Not what you want to hear but it's important to keep your decisions based on FACT. I own MIN shares however I see a much greater return on this opportunity by sticking with NWE, and I'm quietly sticking my fingers up at smug Billionaires.




 
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