Who knows where this is all going to tie up in the end. Lithium sector doesn't come without it's issues, so have to stay "vigilant" at all times.
Location, Location, Location is what matters to me now. Transport & distribution costs need to be factored in now with these Car & Battery manufactures.
Example. Imagine you're a car/Battery manufacturer CEO in the US or Canada. Are you going to pay X amount + Shipping per tonnage from transportation from trucks "in land" of Australia or the DRC + Shipping cost's via across the oceans? then more Trucking costs from the ports?
Or are you going to buy X- amount that comes from just over 1000km from your factory?
I maybe wrong here. But some people need to have a strong think about this one.
Sayona is smack in the middle where the economy is strong and the average income will be affordable for median income.
Anything else is rolling the dice with the sector pump.
(20min delay)