People get too carried away with the lithium bubble? Recently noticed that Tesla can easily source all their Li requirements withing 300km of their factory and have a policy to do so. There is a lot of Li in the world and trying to exploit hard rock deposits is the least viable, high cost method to get it. Really need to look at how the Li occurs in a rock and not just the Li grades. Need over 1% Li to even start to be viable.
MCR appear to be sticking to gold to try and get some money back into the company ASAP.
MCR Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held