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What about the 6 ready to go mines in Wakanda with grades of 1...

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coldwarkid80

1,266 Posts.

229

01/06/22

16:33

Post #: 61759483
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Originally posted by JungleJim1: ↑

"There’s been “a surge in investor capital into supply investment tied to the long term EV demand story, essentially trading a spot-driven commodity as a forward-looking equity,” the analysts said.“That fundamental mispricing has in turn generated an outsized supply response well ahead of the demand trend.” - Goldman Sachs.

A surge in investor capital does not in itself create an immediate oversupply of Lithium. It takes years to find a deposit and then more time in issuing a mining Licence and then comes the financing, and then another 2 years to build the plant. Guess what we are at 2030 before these new projects get into production.

This is my opinion. Its not advice. DYOR.

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What about the 6 ready to go mines in Wakanda with grades of 1 million % lithium?

FFX Price at posting: 96.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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