EagleEyes, David is in Bolivia … I know this, you know this … because David said so. If others want to doubt it, so be it. In fact, the longer the SP stays down here, the more of a chance for me to keep adding. Each to their own.
“The president of Bolivian Lithium Reservoirs (YLB), Carlos Ramos, reported yesterday that the implementation of the Direct Lithium Extraction (EDL) strategy is in its pilot stage, which may conclude in 2022, when the most appropriate technology is defined. . In this way, the state-owned company plans to start the industrialization process from the year 2023.
“A pilot is being started to see the production capacity, the performance of the companies' technologies and based on that, the technology will be decided more efficient in the recovery of lithium carbonate in the shortest possible time, ”said Ramos.
He added that foreign companies must work in the most efficient way for the recovery of lithium carbonate.
Ramos explained that doing this work is complicated because it involves new technologies. … …”
Deepjoy, I do believe that in time Eve will do well and this why Eve is one of the largest holdings in my portfolio. I put my trust in CC’s turn around. Quite comfortable with the UK market but not so with the French market.
D-G, that will work very well as long as the French market reaches profitability before the cash pile is gone. We will know how well we are doing in the French market by the size of the cash pile in a week’s time - hopefully is gone up or at least near enough the same as it was in last TU. Fingers crossed.
deepjoy, I do not know the full details of the French situation, but I guess from what you are saying the products (product lines) for the French market will not quite be the same as the ones in the UK market?
Personally, I think we would have done much better if we stayed in the UK market and preserve cash but what do I know?
Anyway, TU in a week so we will find out a bit more. And most of all, hopefully the cash pile has increased.