Lithium Investing

Discussion in 'Horn Network' started by LonghornCatholic, Jan 18, 2024.

  1. LonghornCatholic

    LonghornCatholic Deo Gratias

    Not sure if anyone visits this forum, I rarely do, but hoping someone can share their more experienced or educated thoughts on link below.
     
  2. LonghornCatholic

    LonghornCatholic Deo Gratias

  3. mchammer

    mchammer 10,000+ Posts

    LC,

    Dr Freeman is on the board (ChE professor at UT). I met Dr Freeman back in 1990 when I was ChE senior at NC State. He moved back to Univ of Texas after I graduated from UT in 1997. In short, it looks legit as these things are.
     
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  4. LonghornCatholic

    LonghornCatholic Deo Gratias

    Thanks. I went ahead and pulled the trigger. Hopefully it hits :hookem:
     
  5. Sangre Naranjada

    Sangre Naranjada 10,000+ Posts

    ENVX
     
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  6. Chop

    Chop 10,000+ Posts

    So it's basically a much improved Lithium mining extraction/on-site mining technology play?

    If that's the deal, it's probably a lot more "real" than say those Canadian-traded mining companies with unproven reserves whose geologists "just know" there's lots of valuable minerals on their land.
     
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  7. mchammer

    mchammer 10,000+ Posts

    Lithium is not a precious metal or even a “basic” metal. It’s more like an alkali metal, which means dirt cheap. You would only make money when it’s tight for short periods of time.
     
  8. Chop

    Chop 10,000+ Posts

    So where is the value in the lithium industry?
     
  9. mchammer

    mchammer 10,000+ Posts

    Not much unless you have lowest cost ore or brine. Similar to oil industry. People who said lithium was white gold was bullshitting you.
     
  10. LonghornCatholic

    LonghornCatholic Deo Gratias

  11. Chop

    Chop 10,000+ Posts

    From your article:
    • “Price of lithium has gone to insane levels,” Musk tweeted.
    • Lithium deposits are not uncommon in the US, but refining resources are limited."
    And there it is. Refining resources are limited and the price is high (for refined lithium). If you can get a refinery built and online quickly or your refinery is more efficient than the competition's refinery, you might make some good $$$.

    Musk can really sniff out opportunities.
     
    • Like Like x 1
  12. ViperHorn

    ViperHorn 10,000+ Posts

    The EV industry's energy store medium of the day.

    If you invest in Li pay close attention to fuel cell developments since once fuel cells become commercial, the Li world will be back to "normal" (just household batteries and small "starter" vehicle batteries).
     
  13. Chop

    Chop 10,000+ Posts

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