ASX Today, page-40956

yes Munky they are everywhere today aren't they? all new ones too, I need cashhounds dump truck again, I thought I had cleaned up my thread. Apparently not. Someone must have moved the fridge and they all scuttled out again.

Two new interesting facts today:

1/ It has been estimated that the China has spent over $200B subsidising their lithium industry (as we suspected). What this tells us is that that the price of lithium and batteries is going to skyrocket into another bubble when this stops which it will now the West is countering with ESG passports, tariffs and restrictions on foreign investments. Joe Lowry has recently predicted this in his latest article.

2/ PLS is planning to build a new refinery for their new 5.2% spod product from their recently discovered resource increase. They cannot use their existing refinery as they need to tailor it for the new ore. What is interesting is that they feel the need to do this even at 5.2% spod which will cost $2B and probably 3 years or more. What does that tell you about their view of the future of Australian hard rock?