INR 3.57% 14.5¢ ioneer ltd

Not much support on the share price here now, this could dip a...

  1. 5,173 Posts.
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    Not much support on the share price here now, this could dip a bit more from here.

    All it took was a reply from the BLM and an indication that things could be pushed out a further 6 months or more. It amazes me what the Biden administration says, and then the state environmental authorities completely do the opposite. The feds have very little power at the state level.

    Biden wants lithium mines and factories built today, but the states are saying let's wait another few years while we go through public consultations, and indigenous consultations, and 20 different environmental tests and consultations - delay, delay and delay - they are all afraid to do something. The regulatory authorities are gripped by fear, and the politicians are terrified of not winning enough votes. They are all next to useless.

    Gw
 
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