Banter and general comments, page-28879

One thing these "analysts" are failing to spot is that Lithium is moving towards localization. Countries are identifying the importance of partnering, producing, processing, and manufacturing locally. They're certainly not doing this because of a glut of Lithium, but because everyone knows what the demand will be 5-10 years from now, and taking control of the process is necessary to reduce exposure with over reliance on China. Eg. https://www.businesstimes.com.sg/companies-markets/energy-commodities/britain-seeks-ramp-lithium-production-amid-rising-ev-sales

This isn't the microchip industry when expertise makes it difficult to replicate, it's fairly simple processing and manufacturing (but needs big investment). And Frankly Australia is well positioned to take advantage. Recent battery deal with Aus & Indonesia is just another step in this direction. In terms of CXO, to step up the timeline I think a TO is warranted, to get the injection of capital to bring forward the LiOH capability and be able to ship it to direct Indonesia. If they don't someone else will dot it, and faster.

CITI and GS are not looking at the big picture, and if this is the advice they're giving clients they're complete fools. It's short term manipulation. They want to squeeze the short side for as long as possible.

dyofr