Ann: Corporate Presentation - July 2019, page-256

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ljcamp

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25/07/19

09:37

Post #: 39682606
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Originally posted by Metalduster: ↑

Tesla has just came out and its shareprice is/was down around 10%.

The problem for tesla is the model 3 and any of that ilk in the pipeline, needs to boom for Tesla.
The margins are lower than the other models from my understanding atm but its the now affordable Car for the masses at this time.
Tesla needs to make the Model 3 happen big time.

The main thing that drives Auto makers of ICE cars, around the World, is also margin and they wont push EVs until all the bases line up, ie the EV compares to an ICE car somewhat in margins and the masses want the Car through Price !.

imo Lithium will not and can not reach any of the lofty heights in price of previous times.
The battery(Lithium component) dictates the Car price, like it or not. imo

Lithium needs to flatline in this area of pricing now where all the Auto makers can rely on known costs with the Battery to kickstart the EV revolution with mainly Cars that are affordable to the masses. The quicker that is done the better. Thats when the explosion into EVs happens.
Thats why many Lithium miners are searching for newer, less cost effective extraction techniques or other, particularly in brine in GXY's case because the Producers know that unless they can do that then they will suffer the full brunt of these lower Lithium price that are here to stay for extended periods? imo
Then you have the Chinese always working in the background and what they can do with commodities and pricing.?

I'm hoping something big comes out of the trials in SDV.
That is the big mover for GXY's shareprice in the short and long term.

Dont fall into the trap of thinking that we are going to get boom Lithium prices again. imo
Any sustained high price defeats the purpose of EVs.

Its still a ways off until EVs become a contender. imo

Remember, in any game only the strong survive and GXY appears to be stronger than most atm

The only thing I can see that would slow down any expansion into EVs is a worldwide recession.
The average Joe Blow hangs onto their car, longer, in recessions times.
Md

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Would you mind showing some evidence of the % cost of the battery that is attributed to the cost of constructing model 3 EV?

I think you will find that production and delivery numbers are all that matters at this stage of the cycle.

Economies of scale will increase once the Shanghai factory opens.

Costs will continue to depreciate. Demand will continue to increase.

Invest wisely.

GXY Price at posting: $1.39 Sentiment: Buy Disclosure: Held
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