OTCPK:BLILF - Post by User
Post by
neoscepticon Feb 01, 2022 2:45pm
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Post# 34386361
25%
25% Li price up 25%. One of the crazy reasons is....Novac Djokovic.
There was already some tension between Australia and Serbia. Then, Novac broke COVID rules and got deported from Australia.
Serbs used environment to hit Rio Tinto and shut down Europe largest Li project.
Almost 60K/year was at the stake. Rio spent $500M for exploration culminating with DFS.
60K is out from already tihght near-future market....because of one mistake of one man that have nothing to do with minining....
Good for us - Li prices are up, but it is sad to see governments run by complete idiots.