Morning ALL,
Well we have Goldman Sachs telling us one thing and the lithium experts telling us another re lithium demand/price moving forward. I think that Goldman Sachs are way off the mark and they know it, they are just trying to feather their own nests. They are lying through their teeth just so they can get the price of lithium down to support their drive into battery Companies.
Electric vehicle battery maker Northvolt on Tuesday announced a $1.1 billion funding boost, with a range of investors — including Volkswagen and Goldman Sachs Asset Management — taking part in the capital raise.
Northvolt recently said its first gigafactory, Northvolt Ett, had started commercial deliveries to European customers. The firm says it has orders amounting to $55 billion from businesses such as Volvo Cars, BMW, and Volkswagen.
The paragraphs above in bold print were taken from the link provided below.
https://www.cnbc.com/2022/07/06/vw-and-goldman-backed-northvolt-gets-1point1-billion-funding.html
The world is going to need every available ounce of lithium for at least the next decade and Goldman Sachs know this, the shorting of all lithium stocks on the ASX was coordinated by the likes of GS and their buddies just so they can get in on the next big rise in lithium stocks that is coming very very soon......................................................SO................................................
Hold them tight people..........................................................fully funded, fully permitted and with a resource that is open in all directions.
All imo and DYOR
Regards
FINN
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