CSE:FLM - Post Discussion
Post by
Stockwits on Apr 28, 2023 10:35am
We will see another 50% drop in FLM share price!
FLM to see more downside. Management wasn't sharp enough to see the value in domestic lithium.
Bloomberg — The Chilean government’s plan to demand a controlling stake in all future lithium projects will deter investment and risks stalling the clean energy transition, according to Canadian mining billionaire Robert Friedland.
The announcement, which sent share prices of Chilean lithium companies tumbling on Friday, would be “quite challenging for international capital, and it makes it harder to invest in Chile,” the chairman of Ivanhoe Mines Ltd. said in an interview.
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