VW + FORD + SKI = BOOM, page-5

What are you on about Aplha, you have to give it another 5-10 years to even see the beginning of a 'boom'. Speaking of 'talk', just a few planned 'gigafactories'/battery plants include the Chinas CATL battery factory with production by 2020, SKI Hungary battery factory with production by 2020, Chinas BYD battery factory with production in 2019 and as we know now that Volkswagen want their own battery gigafactory. Thus within the next few years, we will have a record amount of 'planned' battery factories operating, however the energy generated will be nowhere near the future demand required for electric vehicles!! Electric vehicle growth seems to be growing exponentially but the real EV boom wont be seen for a rather long time. If we are to be talking about a 'boom', we will need to be seeing EV demand closing in on petroleum and gasoline car (P&G) demand and/or EV sales soaring beyond P&G car sales. This wont be happening at least well into the late 2020s/early2030s, based on that many countries have proposed targets for the ban on the sale of P&G vehicles such as Norway by 2025, Germany by 2030, France and UK by 2040, India by 2030 and major cities like Paris, Madrid, Athens and Mexico City by 2025. My point is that, AUZ are in a great position right now in 2019, and as I would say they are getting in 'EARLY' !! Their Off-take with SK could be an absolutely incredible agreement, especially if SK are to work alongside Volkswagen. This could see AUZ required to mine cobalt for the SK Hungary battery factory and for the SK batteries for Volkswagen. Their fingers are not in their asses but I think yours is, please have a better understanding of what is going on before making remarks like that, your only embarrassing yourself!!