Interesting news that Blue Orca is shorting Piedmont as they say its partner in Ghana Atlantic apparently bribed the gov to get a mining licence.
“Blue Orca labelled Piedmont’s claims that revenue and profits would flow from its Tennessee lithium hydroxide production facility in 2025 as “fantasy”.
”The short seller said this was largely because Piedmont would be unable to secure the spodumene concentrate supply from Atlantic Lithium’s Ghana project.”
If this is true it could mean a supply squeeze and maybe Tesla will come back begging.
Interesting news that Blue Orca is shorting Piedmont as they say...
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