Power Metals Corp V.PWM

Benchmark forecast for lithium

[trader53]

A must read!!https://www.youtube.com/watch?v=CifsXipc3UM&t=2105s+ Benchmark is forecasting an average price for spodumene between $1000 & $1500 over the next two years with the possibility of a supply crunch at some point. The most interesting idea was that Canadian Auto Manufacturers who are involved in building battery plants in Canada will look to buy tidy low-cost deposits that they can control the levels of production and at the same time have guaranteed supply. This would give them total control of the Lithium Pricing for the production of their batteries for years into the future. This so makes sense and if Case Lake can prove up 20,000,000 tons + it would be an ideal deposit for an auto manufacturer. Seven hours from two battery plants in a tier one jurisdiction with not only a cost profile that could make it one of the lowest cost deposits in North America but also all of the infrastructure you could ask for. Interesting concept that makes so much sense.