Day to day discussions on S/P, page-7992

Great posts Dr. Manhattan. Early last year, when Morgan Stanley issued their report
on the coming tsunami of lithium supply, many here took exception. The justifications they
gave have proven correct. But I believe the really big mistake MS made with that report
was underestimating demand. Prior to issuing the report was the analyst aware of the size
of the commitments the major automakers were making to Ev's? $20 billion here, $20 billion there,
and suddenly we are talking about a couple of hundred billion already committed to the conversion.
If anything, there is going to be a tsunami of demand. 

Each time the SP of PLS declines I sit back and compare the aggregate value of the short
positions to the aggregate amount of investment into the EV sector. I sit back and think about
how quickly pay phones disappeared. I sit back and think about walking into a bank that used
to have 10 tellers and now there is 1. The speed of the increase in demand for EV's is going to
be shocking imho.
s