RE:Lithium miner back in the driving seat on electric vehicles Thanks Rinny. Funny how the behind the scenes story is so diffferent from the sheen put on the public face. In the Orient you can't keep a customer if you cause them to lose face i.e. community respect. Brinsden can't and will not embarass his Chinese customers because they are both his largest customers and largest investors. That those Chinese customers exploited Pilbara and more grievously Altura is readily Known by LI investors in Australia and discussed candidly on A equivalent of stockhouse called HOTCOPPER.
PILBARA just bought Altura for a reasonable price of 30.42 US cents per share versus the last traded price of 2 US cents to 3.5 US cents.
Brinsden is raising LI price to Chinese buyers because XI JEN PING needs to get rid of his giant air pollution problem . BYD the chinese EV bus, car and truck maker is up 80% in 3 months. Tesla is one of the biggest EV sellers, and several newbies are doing well. PILBF will squeeze the Chinese buyers back
Things are looking good again in the LI mt.