GXY 0.00% $5.28 galaxy resources limited

Oil attack - 5% global supply, page-16

  1. 8,739 Posts.
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    I've always wondered what a higher rising price of Oil would do for lithium. Any charters out there for this?

    Previously we were not worth talking about as a threat to the governing bodies of energy, but now with the shift to renewable energy with particular interest to electric vehicles surely these guys need to be careful of not raising the oil price too high or it would work against ramping and shilling the Aramco IPO.

    In some ways I do wonder if maybe all energy related stocks including battery metals being higher would be of benefit to such an IPO.

    I watch oil because I hope it goes up and as you have pointed out @nexus451 it should being more attention to us and battery metals.

    I remember going back @Facthunter that Russia ended up in a bit of a difficult situation with their oil and gas also, but at the same time are feeding into eastern Europe also.

    All these things come together, I'm just trying to get my head around it.
 
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