@kevin103
That's a great post.
Macquarie analysts are only making some conservative predictions. They are so stupid that they can't see what Wesfarmers's latest investment was; It was KDR's Earl Grey deposit, for lithium.
I tried to explain on the "LTR - Wesfarmers - Tesla" thread on Feb 24 and said this;
"Wesfarmers must buy another resource if they want to be strong in lithium business as they have a very strong experience in refinery industry and a presence in Perth".
"A large company like Wesfarmers has to have a larger presence in the lithium chemical industry, needs even more when it happens in its own home, in Perth where the largest integrated plants are being built and operated".
FA & General Banter, page-9327
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