Far better putting money towards a Vanadium scoping study at Nicanda Hill, than chasing lithium scraps in WA. In fact, just the announcement of the decision to start a scoping study, would re-focus interest in NH again.
Why hasn't anyone chased or even closed, this "attractive deal" with Westgold up until now?
Many huge announcements about EV adoption, by governments and automakers, during 2017, really lit a candle under all the stocks of lithium producers, miners and explorers. Yet even under those circumstances, nobody was interested in these acreages?
Chinese companies are on notice to get their hands on as much lithium as possible. Has there been some advice given to our Chinese MOU partners to follow this policy?
The Chinese government has been quietly instructing state-owned enterprises to hunt down lithium resources outside China, according to Francois Perrin, a portfolio manager at investment firm East Capital. He predicts that over the next few years, China will wield increasing influence over the supply of lithium and other metals used in electric batteries.
Chinese Foreign Ministry spokesman Geng Shuang said he didn't have any specific information on the trend of Chinese investment in lithium supplies.
We know nothing
http://money.cnn.com/2017/11/20/investing/lithium-china-electric-car-batteries/index.html
As demand for electric vehicles skyrockets, Chinese firms have rapidly been making deals in a bid to secure supplies of lithium — a vital component used in batteries for electric vehicles.
Demand for lithium had been "bubbling under the surface" for several years, Moores said, before a renewed interest in electric cars about 18 months ago triggered a "desperate" global pursuit.
https://www.cnbc.com/2017/12/04/chi...d-global-race-to-secure-lithium-supplies.html
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