RE:RE:RE:RE:RE:RE:RE:RE:ARV PurdysRhino10 wrote: Millsking Firstly lithium is NOT everywhere -the Pilbara is so far ahead of brine producers and resources in countries like the Congo we are starting to dominate the market with hard rock spodumene. SQM a big brine producer came cap in hand to Kidman - you need to do more research on lithium to better understand the market dynamics. Cobalt IS everywhere -a byproduct of nickel and copper and noone is direct shipping cobalt from WA like Mineral Resources and now Atlas Iron generating immediate cash flow -just dig it up and ship it out. You cant do that with your precious cobalt. Cobalt rarely occurs as a primary mineral unlike lithium -worlds apart in terms of simplicity to discover and mine.
I disagree -Novo will be into lithium soon and nothing you or TX say will sway my call on that -but logically the lithium potential will be spun out as will mining of the gold resources to let QH pursue his quaint focus only on exploration glory.
Your correct hence why I said lithium is everywhere...and cobalt is not ...the fact that lithium is a stand alone and not a byproduct points to supply/ demand which then points to price . It's a well known fact that lack of producers is the lithium driver right now not reserves . It is a good thing don't get me wrong I'm just discussing Li/co . dig it and ship it .....hmmm sounds like iron ore!
Novo I will sell off land but it will be a hell of a long time.