RE:RE:Not so good..Honestly, new investments and R&D is great but scaling lab results to low cost manufacturing may not work or if it does, takes 5-10 years. A decade ago was a promising graphen battery but making it outside of lab is still not economically feasible.
The issue here is that there is no buying, and it could mean the Market is not betting on Lithium boom anytime soon. It started last year in the summer when I was repeating myself about lack of buying. Now regretting that I bought back. Based on the available information if must be possible that whoever CRE was talking to walked away and they may focus on drilling and resources update while waiting. If by Soring no deal all should run for the hills unless you want to see your money locked here for few years as the stock will go down to 25c probably by the end of 2024 with no financing.
I think industry may wait until US electionns. If Trump wins he will cancel IRA, and NA EV market will crater leaving China thr winner. They hild 90% of battery manufacturing. Look the market - even as IRA was in tthe cards for few years, even Tesla is
not compliant and will take until the end of the year to make Modell 3 compliant to receive the tax refund.