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08/02/24
22:12
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Originally posted by Joannie:
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Well thanks stu lol. Although my outlook is not so gloomy as yours I must say. I seriously cannot see 32c. Personally I also think that they will be able to achieve finance, there are many other sources apart from the original one. They may even be negotiating at this moment for a loan from state or federal government, which is being offered to miners. I also believe that China will soon run into a shortage of lithium. Practically every new venture does not expect to make a profit in at least the first year. Sure, there is plenty I could get gloomy about, but the management is of such high caliber that if Anyone can obtain finance, they will. Then there is the Gina aspect, but I do not trust her. Other co's may come forward with an offer of a JV. Time will tell.
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Looks like LTR got some breathing room with the sudden commodity bounce. Lithium remained steady though it will be interesting to see where commodities as a whole go from here REE bouncing hard