OTCQX:NTTHF - Post by User
Comment by
RuudinFranceon Jul 13, 2020 2:39pm
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Post# 31261641
RE:RE:RE:RE:RE:Looks like a feeding frenzy
RE:RE:RE:RE:RE:Looks like a feeding frenzyneosceptic wrote: JMark80 wrote: All the lithium juniors have gone up, look at American Lithium! Doesn't have anything to do with the price of lithium, which can't be considered very cheap.
The price of Li is very stable on very low level. The rally is plugged to Tesla's rally. They are selling more than expected at prices that are lower than expected. Consumer sentiment maybe changes and there is less range phobia than ever, especially since long distance car travel is less popular now.
We may have a second wave. Elon Mask had announced that on September 22 they will reveal new battery. I am sure it will be Li-ion one. If it is commercial solid-state, then industry will demand a lot more Li.
There still is this great misconception that all Li is equal and that all Li is equally priced.
BQ (to spec) Lithium chemicals still have reasonable prices around $10-12K/t.
Pleaase read/listen to Howard Klein, Joe Lowry and Gerrit Fuelling.
Have fun