Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Don't forget that the mine is ostensibly owned by the Czech government (51%).Can anyone foresee them selling to a state that puts them on an 'enemies' list. Some rational thinking needed here.
I am also slightly concerned that the SP has not moved in an upwards direction. Apart from Kodal, my other 3 junior miners are all in the same position. Perhaps no correlation exists between the value of an asset (lithium/tin) which remains in the ground and the share price? It will be years before we see any of our lithium actually powering an EV or for battery storage. Also, in my experience, junior miners are HIGH RISK investments and not suitable for the weak-at-heart.
Fingersxed: thoroughly agree about US market potential. Form person knowledge so many individuals have so much cash to invest. Negatives include fear of EU regulations and preference for US managed companies. Perhaps we need some US based Czech or European investors. I assume trading in 3 currencies will have no negative effect. Finally, approx. twice as many individuals in US invest in risk equities than Europeans. Think of Tesla!
Fingersxed: thoroughly agree about US market potential. Form person knowledge so many individuals have so much cash to invest. Negatives include fear of EU regulations and preference for US managed companies. Perhaps we need some US based Czech or European investors. I assume trading in 3 currencies will have no negative effect.
Gsdsitgs, I agree with most of your points except......... If European mines get European finance... they will be obliged to buy European lithium. Just think about what the Greens would say about the 'sea miles' from Chile or Oz. They would have a field day.
For example ENERGY STORAGE NEWS (06/06/21) suggests that Germany, France, Italy, Spain, UK and Ireland are all adding additional domestic electric storage capacity. I assume these all use lithium as one of the components.
I fully understand the repeated mention of VW in our discussion. However, if one looks at the European map of current and potential lit. users in all industries it is wider than VW alone.