RE: updated Spodumene pricing , spot price incredible.18 Oct 2021 08:10
Sure, But one can see a couple of issues here.
Unstable political jurisdiction, which can change overnight and derail it/ same or new political party which will want to renegotiate to line their pockets while in power.
Gr don’t want to share his baby, looking for some institutions to put up large amounts of money for very risky small slice, that will only happen when desperation for product kicks in, if they don’t find the next best thing and move on.( nothing like shortage to drive innovation!)
I’m Still invested, largely under water and can see this dragging for years , with dilution after dilution.
unless the Government gets desperate and apply pressure, neither Gr or they will make any money