Corruption in African Lithium Mining

Soren Aandahl of Blue Orca Capital makes the short case on Piedmont Lithium Inc (PLL), a pre-production lithium stock promotion, based on evidence that key lithium mining licenses were obtained by secretly paying and promising tens of millions of dollars to the son of a high-level politician in Ghana.  In Blue Orca’s opinion, this appears to be textbook corruption.  Blue Orca believes that Ghana’s parliament will not ratify or approve the corruption tainted licenses, killing the project.  Without the lithium supply from Ghana, Blue Orca thinks that Piedmont and any promise of near-term revenue from its much-hyped Tennessee facility are dead on arrival.