Thanks Lies, that was a very worthwhile listen.
I can just see Cooper recently shaking his head
up and down when he heard of our recent auction
and the price we received. All the billions the battery
makers have invested in expanding capacity. All
the retooling billions the auto manufacturers have invested
in new plants and electric models. All these wizards who assumed
lithium would be readily available and if you needed more, well just
open a mine. Was the $1250 auction price merely the opening salvo?
Maybe I heard Cooper say what I wanted to hear him say. But it sure sounded
like the sh t is about to hit the fan as it relates to the lithium supply/demand equation.
Anyone considering a sale or partial sale needs to do themselves a favor and
monitor a few more of these BMX auctions.
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