TSXV:GUG - Post Discussion
Post by
CrazyProphet on Jun 07, 2022 8:50pm
Agreed ! Wide buying feels like
we are sitting on news release that already had a bit of a leak !
Actually, building factories where EV batteries can be assembled is the easy part. “The real issue for these companies is access to the raw materials,” said Chris Berry, president of House Mountain Partners.
“Unless you, as an automotive player, have access to lithium and nickel and cobalt and other battery raw materials, it’s going to be really difficult to build out that supply chain structure,” Berry said.
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