Considering Tianqi is one of four of the cartel in Lithium he would definitely know "'He said a major reason for building the processing plant in Australia (rather than China, where Tianqi is based and has current facilities) was that customers wanted diversity and security of supply' " That's why the 12 gigafactories around us will all be soon knocking on our door , well some of them already have . They will eventually need a sledge hammer . It will be like the Myer boxing day stampede in the morning of opening .
"...and same will be in conservative Germany lead Europe - the big players in Europe (LG, Panasonic, BMW, Daimler etc.) will want the security of supply in the first place since the share of the cost purely of Lithium Carbonate on the overall Li battery is marginal - but the point is that it is essential." I totally agree , however , further more as Iain Tittle explained earlier companies who do not secure supply will not be able to run their businesses , if you have no raw materials you cannot sell any thing , as KC pointed out the Europeans are just a fraction behind on this concept , give it another six months of all the true story unfolding there will be an absolute mad scramble for supply . Don't be surprised if we get taken out for a billion dollars and six months after it gets taken out for 2 billion dollars by some one else who just didn't make their decision quick enough .
"The location and security of supply starts to play more important role then we have thought." only for some of us Namib , some of us were in tune 15 months ago .
All in all you heard KC talk about negotiations with possible " partners " How often do you hear that word in plural , many are already at the door , I am certain that we have not got one already is because he will be trying to extract $1.50 to $2.00 for the privelage , no capital raise now for 12 months , so he is not desperate to take first offer as he knows more will knock on the door . Some ones pocket will open , and when it does , we can do a song and dance in a clown suit . You in Gonza ???
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