Yeah absolutely, patience also a virtue. At a macro level at least, feels like this is a trigger of significance and supports a lot of what we have been saying.
- Anode production is heavily concentrated in China in an unstable world
- China supply chain not particularly environmentally friendly
- US/Europe/South Korea and now Japan i think all looking to rapidly scale battery/EV production
- US at least with the inflation reduction act, providing big incentives to scale supply chain, with Europe ESG requirements suggesting China supply chain potentially not compatible anyway
- China talking export constraints
- most other China ex supply in Africa vs favourable jurisdiction of SA
Hopefully no stray comments in there, but the macro certainly appears positive, now can the iTech team define the resource.
Don't think i will get to the AGM but certainly will be interesting to hear what the vibe is if anyone does attend.
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