1MC 22.7% 3.4¢ morella corporation limited

Who is in the Capital raising ?, page-71

  1. 10,574 Posts.
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    The market AJM can provide for is a consistant high quality Lithium at a lower cost for converting into LiOH.

    Quality is proven by Gangfeng and shipments.
    This market is growing as can be seen by the uptake of NCM 811 batteries.
    1% of Chinese ev earlier in the year now 13% not to mention Europe.
    I see 20% or close to by year end.
    Lithium carbonate is in abundance but the cost to convert to LiOH makes it uneconomic.
    The demand will turn to Australia for supply, since AJM are up and running delivering at low cost we are in the box seat. Less than 1 year to see your net wealth grow not 10.
    I have found the customers for LiOH sold on the Chinese Spot market
    The manufacturing of grease
    https://finance-yahoo-com.cdn.amppr...-lithium-hydroxide-market-2019-160000456.html
 
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