No hype.... No ramping...We'll leave the frothy stuff to Baby...

No hype.... No ramping...We'll leave the frothy stuff to Baby Formulas!

But This is a step in the right direction by Cullen....They have the Know how to pull this off... and with the backing of their capable major shareholders they can do it.

Lithium and the new age minerals required in Battery manufacturing is the New Gold and the New Oil of the future... the flaming desire of people to drive an electrical car that they can recharge themselves ... or have battery storage for their homes to be a bit independent with their energy needs, is overwhelming...

Could one imagine the Battery demand when few billion Asians go for electric cars and scooters to reduce pollution and noise... most chinese can't have cars now because of restrictions to curtail smog...and India has introduced the odd and even plate system... but with small electric cars most people could own one in a matter similar to bicycles 20 years ago..

Cullen and its friends were hoping to prosper from their Iron ore holdings and from the now Defunct west pilbara iron ore project... But life is a bitch.. things usually don't work out as expected... people soldier on... and find alternatives..

Imagine one day Cullen could find enough lithium etc and Red Hill iron for example could develop the huge Quarry potential they have in their tenements... That would make up for all the losses from IO... Not saying Iron Ore is not coming back one day... If the Chinese don't want these assets now... perhaps others could pick them up in the future...

Now we just have to wait for Cullen to finalise the paper work and start digging... Anyone with some dry powder to spare should have a shot at this little one... the Gamble is worthy at this SP.

But we always say DYOR?... and yes there are only 2 certainties in life......ZZ