RE: Russian risk, takeover, bod's age etc.4 Feb 2021 08:32
A good Chinese company with an interest in battery metals would like to work in Russia without an issues. BCN for example just finished a fundraise yesterday for their 50% share with a Chinese company Gefang. This is for their Lithium prospect in Mexico. They are committed to spend $350,000,000 just to finish stage 1 of 3. These things take time. It will take them two years to complete stage 3. They have a 250 year supply of the mineral. Worth tens of billions. I think Gefang would also like a nice Nickel source and have money to spend to secure supply. We may get an interest sooner than we think as larger interests secure their supplies..