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Thursday, March 16, 2023 10:25:48 AM
But, most penny stock investors do not know that. So this chart does cause problems for the companies that did get the high dollar contracts.
Also the permit reform in the USA was suppose to go through last fall which constantly gets shot down. And those companies dropped in price because of the multiple years it takes to get a permit.
I am down 25K on GSCCF because the permit is contantly delayed that I believe it will never produce any lithium. China, does a great job keeping the USA from starting new mines.
Lithium will probible never be produced in my life time in the USA.
Also Pilbara no longer does the Auctions so the "TRUE" price of "SPOT" is no longer avalible, which was always higher than the charts.
Let us see how Sayona, sells its share of spodumene, at one time Brett said he was going to auction Sayona's share of the spodumene. Hopfully it is auctioned off like Pilbara did before its new contract.
A few litium mining companies are still having problems getting production done. How much has SLI produced in the last 3-years?
If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG
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