Quite honestly, there have been so many bad actors in the lithium trade (Lake Resources, Spey Resources, Xantippe, European Metals Holdings) I’m surprised anyone would invest in a startup.
More drilling doesn't necessarily mean lower prices. Especially if it's hard to reach oil. Besides that OPEC decides a lot. They'll keep prices high chasing people into more efficient EV's. If they lower prices, there will be less room for investment in new production. The oil industry is in a deathspiral whatever move it makes.
Totally not true. Notice GM profits were from high demand for ICE vehicles. Equinor bought 40% of both SLI projects. Wont be a few years until Shell, Total, and Exxon cherry pick the best lithium companies. Notice the Saudi Arabians are very aggressive investing in mining and Lucid. Always hedge your bets. Aramco and Exxon are cash cows
Love it that you’re willing to disclose your own investments. That takes guts!
Thanks
Thanks for yet another excellent video
Cheers
Love that you admitted you were wrong, as were most of us.
Thanks
The market is hammering lithium company stocks. The sentiment isnt promising with losses piling up.
True
Quite honestly, there have been so many bad actors in the lithium trade (Lake Resources, Spey Resources, Xantippe, European Metals Holdings) I’m surprised anyone would invest in a startup.
More drilling doesn't necessarily mean lower prices. Especially if it's hard to reach oil. Besides that OPEC decides a lot. They'll keep prices high chasing people into more efficient EV's. If they lower prices, there will be less room for investment in new production. The oil industry is in a deathspiral whatever move it makes.
Lol the record profit death spiral with record global demand nearing 105 million barrels per day. Interesting, tell us more.
Thanks for the comment
Totally not true. Notice GM profits were from high demand for ICE vehicles.
Equinor bought 40% of both SLI projects. Wont be a few years until Shell, Total, and Exxon cherry pick the best lithium companies. Notice the Saudi Arabians are very aggressive investing in mining and Lucid. Always hedge your bets. Aramco and Exxon are cash cows
love your videos Howard but can you please speaking like AI ?
?