AKE 0.00% $9.83 allkem limited

fire up people, page-19

  1. 5,487 Posts.
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    MD is in Argentina at the moment, heading to UK next week for roadshow. Expect some interest to come from investors over there.

    2ic,

    The alternative battery technologies at this stage are heavier and carry less power capacity compared to lithium and are thus inferior.

    Only currenlty about 3 global producers of lithium from brine. ONLY 3. apparently the rock lithium is not suitable for batteries and costs way more to produce. 50% of the world lithium is in Bolivia, and they cant mine it due to political issues.

    Plus ORE currenlty assuming a resource based off 10% porosity. ADY is over 30%. If ORE achieve similar porosity (no reason they cant), they could have 4 times the resource they are currently targeting

    good luck to all holders. enjoy the ride


 
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