RE:crazy risky?diviner wrote: Howard Klein: “Every Argentine brine is hard. I can’t understand why some experts are constantly promoting the benefits of Argentine brine. Argentina is crazy risky”
https://www.youtube.com/watch?v=GlNEq7kGavs
And just one minute later , he says that he's promoting companies ( PLL, Savannah ... ) , the guy is biased...
But , let's try to forget that he is paid to pump rock stocks and compare wich one are riskier.
We know, spodumene is high cost, in part because it's in WA, US, Can, EU and because it is work intensive.
So ...
On one side we have the he ones that are burning cash, while low prices, in a friendly miner jurisdiction like in Australia.
And ...
On the other side, we have the ones that are still making money , like in crazy risky Argentina ( where Livent is producing since almost 20 years ), and so, even if they don't succeed to make only BG (crazy hard) ?
Thereby , I think , easier Australian hardrocks = higher opex / lesser return = riskier than Argentinean brines .
Evenmore, if we aknowledge that spoducers don't even have Lithium, they only have (crazy easy) rock that used a lot of diesel and machinery to mine, transport, and still need the chinese to make something out of it... ( sustainable? )
Somethings are sure, Argentinean brine/LiCO2 are cheaper ( especially NLC ), can make anything ( LiCO2, LiOH, LiCl ), are more stable ( can be stocked ), greener ( especially NLC = Sun drying unuseable salty liquid in a desert without almost any reagents ) and right now , Argentina is a good place to trade Dollars against Pesos specialized workforce !