guessing, a year away....given how long things take,...It;s up today while Nemaska is down, taking a break like metal miners.... .
Found this in the article you mentioned; "Right now, most of the world’s lithium comes from Australia, China and the “Lithium Triangle” of Argentina, Chile and Bolivia. In North America, Nevada is the only player in this game, but more to the point, the U.S. state has the best lithium there is to have—lithium found in the brine.
Lithium sourced from brines, or salt water, is the most cost-effective on the market, and sourcing enough of it right at home would be a coup for all sides in the battery, storage and EV game."
Appreciate your blog; seems like the offtake agreement is the next catalyst for price appreciation. Will keep fingers crossed.
Sorry to see so much of my profit vanish. If I had known about the restricted shares coming on the market in this time frame I would have vacated my position....Hope you are right something good comes in May. - I hope the ramp up to production doesn't take to long, those these junior mining companies usually make most of their move before production begins, all about anticipation..Appreciate your comments.
I believe the premium will stabilize and begin to rise again after the new shares get distributed and the underwriters have scalped their profit. PSLV is a superior product to SLV and anyother silver ETF, particularly since it is redeemable. The premium will return,PSLV's discount premium is 0.34% bettween
Well, thanks, sooner or later it comes down to their ability to produce the stuff....at a profit...That's likely to be some time in the future - fortunately they have the favorable background of a rising end product price... Hoping the company prospers...
Looks like feasibility study released this Monday the 4th of April. Market seems impressed up 13% as of this writing. Hopefully the report is strong enough to enable the company to raise necessary capital. Appreciate views on this company as there isn't much available in the US media..
Good call, seems the rally came through, but now what....?Commercials will be working over time to contain the metals on further rallies. Ring the register on any up early Monday on follow through and buy the pull back...my advice to me...