Phoenix Water - PXW - Lithium - 100x, page-2596

  1. 441 Posts.
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    Prospect for the company doing a deal is looking promising now compared to few months ago
    - New administration is actively looking to start mining and exploration of minerals
    - few investors are looking at starting a battery investment manufacturing in USA (One Company looking to start it in Michigan as example) got $100m in grant 29 companies applied for grant
    - companies like this and major players will be looking to get battery supplies from within USA to please administration
    - any major deal done in Billions will get active backing from the administration as they are looking to show major wins on board
    - latest data release on EV sales by Ark around world is showing that BEV sales are growing again and battery technology improves and might reverse the hybrid trends

    I think if the flow test are good and data from drilling supports interest from Majors so far, then there hasn't been a better time to do a deal then now compared to last year or so due to lithium price and few other factors

    Hopefully we hear something positive in next couple of months. Good luck to us shareholders

 
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