Let's sum this up....
IMO - Yes Electric cars will eventually take a good chunk of market share, particularly in China and the USA, but we are a long way from this happening. I am invested in Lithium myself as well as 88E.
88E are not going to be affected by it. On success we are going to be long gone within 2 years. Electric vehicles won't start having an obvious impact on oil consumption until 5 years from now at the earliest, probably more like 10 years.
Are there signs oil companies are panicking about electric vehicles - no they are doing further exploration, and buying up proven acreage for large sums.
If 88E has success are oil companies within the next 1-2 years going to say to DW and PB - "Electric cars are coming - the oil industry is doomed, we will only offer you $2 an acre"....
No - they are going to be offering us $billions$.
I'd be concerned if we were well into the era of Electric vehicles, but we are know-where near yet. I've seen 1 Tesla in the UK. Electric Vehicles are not suddenly going to take off here anytime soon. With current charging times it will be a mega pain in the butt for us Poms to charge an EV when our houses are the size of a Hamster Cage and we have barely any room to park cars on our driveways - if we even have one.
- Forums
- ASX - By Stock
- 88E
- Oil peaking in 2020?
Oil peaking in 2020?, page-98
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 88E (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $57.78M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $36.62K | 15.35M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
621 | 874601304 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 509937628 | 127 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
514 | 772675542 | 0.002 |
137 | 708575242 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 417860749 | 113 |
0.004 | 306317440 | 146 |
0.005 | 126048576 | 71 |
0.006 | 44209188 | 41 |
0.007 | 126230677 | 36 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
88E (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online