Okay perhaps not the all out strongest but if you're looking to mitigate risks, what factors should prevail?
Lithium, possibly the darling of the battery metals market has had a terrible run in the last two years...an over supply and less than ecstatic EV car sales being the main culprits,.....who knew! One things for sure...there are no forecasts out there which say that the market is going to continue in over supply and the EV market is going to continue to tank....far from in fact with Lithium's CAGR forecast at nearly 20% pa. Where do they get this stuff?!
By now you will get that I'm looking to find sense in this madness with pairing together ways to mitigate risk and maximise potential. I would argue that a single metal/mineral mining company is about as risky as it gets. RMI has Nickel in Tanzania and Lithium in Finland. I don't get the synergy. There is double country risk and both metals seem to be umbilically linked to the EV market.
Should juniors like RMI not look for an in-country partner, with a metal/mineral in a different market, that's not linked to EV and that can start producing cash quickly? Where would they find such a play? The guys at Laiva seemed poised to turn a sleeping giant into a cash cow and perhaps a deal between the two would bring some much needed cash to both projects.
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