Prem5 Oct 2021 23:39
ProfitBags I like your reply.
I agree that it will take another 3,4 maybe 5 years before an alternative to the lithium battery for EV is commercialised.
I also acknowledge that there will always be a demand for lithium.
Now put yourself as the outright buyer of Zulu,let's say after the DFS you take an interest in Zulu.
The DFS results are good,EV sales are booming--however you are aware that supply of lithium is rapidly catching up with demand and companies are near to launching lithium alternatives. There is a danger that advanced producers will dump lithium on the market.
What strategy would you adopt ??
Acker