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Message: Lithium price

Okidoe, yes, we have to state that things are not going our way, and I have to admit that I have probably never been so wrong when timing a share before. It hasn't cost that much because the last time it was 15 I traded down to 17, and now I'm at about 18. What's most unfortunate is that more than 2 years have passed. Was actually up to 44 without me selling, thought it should be higher. Well, I'm still with it and have probably become a little stubborn because I simply can't see why it is where it is. (I still have 50/50). As I said, the market is always right, but I see the case intact. I'm starting to think GM's problems with the union might have some influence, and many are afraid of politics in Argentina, my imagination is running out.

I've been reading quite a bit about power storage and it's going to be big. Here in Denmark, the electricity companies have started to build large container solutions with Lithium batteries, and as they describe, we have come down so far in price that it is profitable.

When you read about Lithium, there are actually huge reserves worldwide, but we still have a shortage of Lithium, and this must be because the start-up of production is expensive and difficult, especially when producing the high quality. Therefore, I see that we should have a new rise in the Lithium price, because it must take far more than 5 years to get up to enough production.

Let's see if we don't get some good news soon.

Good weekend

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