Well lithium down again and looking like long term issue, including EV sales globally down ! Citi statement “Lithium crashes again, EV sales stall with worse to come” article 26/06/2024.
WES has the Kidman gold rights 100% for some 1,200,000 ounces of gold !
WES doing nothing with this gold reserve/resource to offset lithium disaster looking forward may be +5 years.
Or does graphite / sodium ion batteries overtake lithium moving forward without less chemical burns / potential fire hazards ?
Bunnings going to have to sell a lot of hammers to offset significant losses coming !
WES could have been offsetting lithium cost and still could which I think it needs to do ASAP and toll treat the gold ore at adjacent 65km gold facility !
WES - Mt Holland Gold Potential, page-7
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