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23/05/18
17:18
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Originally posted by rdncoic
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Thanks.
I never would have invested in a Lithium mine in Aussieland or Europe except for the hype being produced by the "Save The World" and "Its For The Children" directed programs against the Auto Industry and all things being bad if oil is in it. The European Politicians have backed themselves into a corner pushing "Green Values" against common sense. China is way ahead of Europe in producing electrical vehicles and has almost secured 90% of the raw Lithium Production of the world at this time. Europe wants to play "Ketchup" with a bunch of the worlds biggest crooks and it will not look nice nor will it turn out well for Europe.
Germany had and has a solid hold on the world's best Automotive Brands and has for the last 30 years actively supported tax free funding to the vehicle producers through the European Union and its "Protectionism" policies and all things European tariffs/taxes on out of country products. How can it be that VW and Mercedes are 2 of the largest Auto businesses in the world with huge profits and they still receive Billions and Billions of tax incentives every year from the German State and the EU?
Germany and the EU are destroying it's strangle hold on auto production with banning fuel vehicles through a political agenda. They think that the same rules apply to the new vehicle markets that will be established now. And now the signs are up in one Large German City for a ban on old diesel vehicles right now since yesterday.
The politicians in Germany just fired two Successful TOP German auto production managers because they were against moving quickly into the EV markets with their business plan. Watch out below for disaster when politicians run big business with ideals other than with profit in mind. It spells "RUIN".
And what does the above have to do with EUR? Without big funding grants and tax free incentives for Raw Lithium Production for in-country European Lithium Mining, Europe will be dead in the water. The European Union will be willing to spend 2 EUROs to produce 1 EURO for in-country Lithium just to ensure a Lithium supply chain. EUR management has stated they are already in talks with EU Funding and Tax Agencies and others that are willing to build out the Lithium Operations with cold hard cash.
And just what does European Lithium have to do with all the above points? I am not going to state the obvious here. If you do not see it yourselves, well, invest in something else. Without all the push from "The Green Wienie Environmentalists" this investment would be nothing at all. But now the push is there for all to see.
And that is why I am long and strong in European Lithium. A done deal folks. In my opinion it will not be much longer for others to see the light...............
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TICK TOCK TICK TOCK TICK TOCK.................. The unfair business practices of free funding for all things built in the European Union has begun. How much EUR will be granted is only conjecture at this point but watch out. The beat goes on...................Can I sell you some lithium....................
Funding frenzy
It also reiterates the funding still available in this financial period for research and innovation: €110 million is still up for grabs for purely battery-related matters, while as much as €2 billion could be claimed from the European Innovation Council for “next generation projects”.
The European Investment Bank recently agreed to pump over €50 million into a planned battery factory in Sweden, which is helmed by former Tesla employee Peter Carlsson. That would complement an already-up-and-running facility in Poland, which is Europe’s largest battery plant.
https://www.euractiv.com/section/electric-cars/news/blossoming-batteries-boosted-by-eu-plan/