Sometimes the simplest answer is the best but you failed to get...

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asxDragonslayer

2,049 Posts.

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23/03/24

11:43

Post #: 73024490
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Originally posted by CowsWithGuns: ↑

Cheers for a well written reply - there will be the usual comeback like "yeah but none of that was in their control, third party blah, blah, blah and whiners are failing to accumulate at these prices"

People should also factor in what will a right wing Government will do wrt nationalising certain aspects of the lithium industry in Argentina. Surrounding countries (Chile & Bolivia) have formed a lithium bloc in South America and are wanting Argentina to join - the uneducated folks believe the provinces control mines, well federal laws can rescind that if it is of national interest.

Argentina can pass laws stating that lithium is a "strategic resource":
https://www.mining.com/chamber-of-mines-of-argentinian-province-advocates-against-nationalization-of-lithium-resources/

With a new president who is a nutjob (took a chainsaw to a rally ) - who does believe in free markets, etc they still need to pay off their massive loans and given they aren't benefiting from the lithium boom in their own country it will be interesting to watch what happens ..........

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Sometimes the simplest answer is the best but you failed to get it.

You have a fundamental misunderstanding of left/right ideaology.

Argentina is in the process of agreeing on an FTA with the USA they won't join the socialist circle jerk. The only pepole that benefit in that system are the jerkers not the people.

You've been on HC three months and all your posts are criticisms/ arguments.

Maybe you should of went to the argument clinic.

Last edited by asxDragonslayer: 23/03/24

AGY Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
9 Upvote

2 Great analysis

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