True, but it can't hurt either as nothing anyone says on these message boards really matters to any legitimately operating company or shouldn't. The only thing holding this company's future together and current share price and interest is the fact that Elon Musk's Tesla took an early interest in it (period). If, and that is a small if, he decides to move on from lack of progress in delivery of this new gold "Lithium" when he needs it the most, which seems to be "NOW", as he has ramp up production of the model 3, the end result to any one holding shares will be devastating.
Nearly all of Pure Energy Minerals Limited (PEMIF) share price success, thus far, is directly related to the company's connection and links to Elons Musk's informal agreement with the company as a supplier of lithium, going forward into the future.......Ultimately they will have to deliver, and the time for this draws nearer as the Giga-Factory is setting up to go online, start producing battery's on a massive scale, with Panasonic and as lithium of massive quantities will be needed.
NOTE:
"VANCOUVER, BC / ACCESSWIRE / September 16, 2015 / Pure Energy Minerals Limited (PE.V) (AHG1.F) (HMGLF) (the "Company" or "Pure Energy") is pleased to announce that the Company has entered into an agreement with Tesla Motors Inc. ("Tesla") dated September 15th, 2015 (the "Agreement") for the potential supply of lithium hydroxide (the "Product") that Pure Energy plans to produce from the Company's Clayton Valley, Nevada Lithium Brine Project (the "Project"). Pure Energy will conduct a mining study in the form of a Preliminary Economic Assessment, Pre-Feasibility Study or Feasibility Study to confirm the technical feasibility and economic viability of the Project.
Provided that Pure Energy meets certain terms and conditions related to project execution, product quality and timing of delivery, the Agreement establishes a commitment for an annual purchase volume of product over a period of 5 years by Tesla and/or its authorized purchasers. The Agreement sets a predetermined price that is below current market rates and is aligned with Tesla's goal to continuously reduce the cost of its lithium ion batteries. It is proposed that the Product will be used in the battery cell manufacturing process of Tesla's rapidly growing electric vehicle and stationary storage business units, which are located approximately 3.5 hrs. drive from the Project. Any deliveries from Pure Energy will cover a portion of Tesla's needs with the remainder to come from other sources."
https://finance.yahoo.com/news/pure-energy-minerals-ltd-announces-131500183.html
PEMIF survival counts on it being able to make reasonable supplemental delivery's of lithium to Telsa for this to happen
This play will be left worthless near or long term, as Albermerle continues to suck this precious mineral out of the ground at the epicenter of the only place in America were Lithium is being mined.
LET'S GO PEMIF
"PEACE"
NOW!!!!!!!!!!!!!!!!!!!!!!!!!!
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