$PE.V Pure Energy and Lithium
More Q's than A's
1) Everyone's becoming a lithium expert all of a sudden...Scotia's Patricia Mohr, who's been touting Zinc since the earth cooled down...
And she's calling for $7500 a tonne... Even though certain desperate Chinese souls are willing to pay more than double that..,even as high as USD18,576t for Lithium carbonate 99.5%min in an off-take agreement in China. The price is set based on what a certain group think that it's worth?
So that's the key hey? Numerous Off-take agreements and varying prices?
2) Elon is looking past his deals in Mexico and Nevada?
3) Codelco may think it's too small of a deal considering their gigantic copper challenge?
4) SQM may have a 180 year supply but government regulations inhibits too much production from any one source for some reason? That may soon change?
5) The Chilean Minister of mines talks as if he's open to more exploration and production, so he is open to new deals?
6) Nevada is well picked over I think, otherwise Elon would be content, which he is not?
7) Elon would be willing to rattle the cage Because only he "thinks" he understands how much lithium is actually needed in the next 2 decades?
8) Gates' 12 top gazzillionaires are worth over a quarter trillion and THEY get where this is all going in terms of clean living, which can only cause upward pressure on prices?
9) This is highly promotional (the junior alphas are not confused ;) if you believe that many of the players are anticipating future offtakes?
Hence the opportunity....
