RE:RE:crazy risky?Papino0 wrote: 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 !
You make good points Papino.
Thanks for making me re-focus again in these happier days.
Howards usefulness appears to have been mainly for the purpose of hammering down the fact that EV roll-out might be slowed down by a lack of Li-chemicals.
This still may well be the case as our meagre contribution of 20K (?) tonnes is not going to knock a dent in the future demand cake.
Briners need the spoducers (nice mix) to set the price for our product.
Yes, the world also needs them to keep the EV momentum up (this one's for fun, meant as a dismissive gesture, which it obviously can't be), but we, specifically us, investors in the world's cheapest (going to be) brine producer, need the spoducers to set the price for us.
To beat a dead horse yet again: We must be grateful for the spoducers as it is not the brine but it is the cost of spodumene li-chemicals production that is going to make us rich.
Thank you Howard, for so strongly promoting the more expensive product, while being fully aware that the cheap "crazy risky" brine production will be essential to keep your dreams for the EV transition alive.
Have fun.