An input to the value of Lac and Laac. It is not currently high, but can tell a little about a trend in Lithium prices.

- Lithium prices may start to rise again due to rising oil and petrol prices?

Heard a broadcast about the Indian stock market from a resident there.

The Tata car manufacturer in India, which bought Landrover and Jaguar several years ago, has started delivering hybrid cars and is close to coming up with new EVs. What is really starting to grow strongly is all their two wheeled transport and the small Tuk. My point is that India will push hard to achieve electrification due to pollution. I think there will be a big need for Lithium from that side as well. India has large deposits of Lithium, but is not at all ready for extraction, and therefore this should help the price of Lithium to rise sharply for a period of time. We are likely to see a 5-year period with sharply increasing needs? Of course just a guess.