I believe TLG will be able to proceed, eventually. So many believe MT has the whip hand. Really it’s Sweden, who are not so cavalier with their resources as places like Australia can be.
Sweden will want a larger cut than I’ve seen mooted here. I also believe that politicians will wind back their rush to ev and esg as soon as it becomes impractical. When is that?
As soon as supplies reach choking point. It will push up prices short term, but then it will impede progress, as is happening with Tesla already.
At that point, other options present themselves.
That’s why I sold down my holding and hope for an entry point around $1.
I still think it’s a realistic target.
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