RE: BIG price paid by Ganfeng for Core Lithium=> BULLISH10 Aug 2021 11:29
BCN-Bacanora is a disaster area for me watching the SP drop steadily over five years in spite of being 94% pure lithium., Sir David Attenbourgh and others warned us, but only now after some six years of inaction are we facing the reality of global warming.
We all remember the stark declaration of the Covid epidemic, but action on the vaccination front does offer a light at the end of the tunnel.
As for climate change, the first world will do what it can within the limits of democracy, the rest of the planet will do what it can to survive.
Electric vehicles should have been mainstream by now-the cost of a petrol/diesel engine is 30% of the vehicle, cars should be C£8k------ and infrastructure of charging stations should be top priority.
This mine is in Germany, BCN Mexico, third world arguably, so the valuations differ, but the real villains [IMO] are the governments worldwide who just made pronouncements instead of concrete action.
Now with economies weakened by lock downs we will do what we can, I only hope my prognostication is overly exaggerated.