General Discussion of AGY, page-1914

Where’s that mate?

I’m based in Auckland NZ.

Trust me there of plenty of Kiwis invested in the ASX. What I do for a living enables me to spend a bit of time with some well oiled investors.

Our day will come, just been a slow burn to where we are now.

For those that have been here a while, you will understand that the lithium market has had its darling initial run, some like me picked a poor entry point.

Now we’re are sitting in the ‘stung by a bee point’ soon the pain will be forgotten and investors will return to the market. How many sectors have experienced this, iron ore would be a good example.

I firmly believe the next lithium run will have some grit to it and some longevity. People just have to go back two years when many Automakers were dishing Tesla, it was those Toyota hybrids and the Nissan Leaf. Tesla was still working on the power walls.

Since then all major carmakers have committed to an electric future, many claiming in coming years to only make EVs. The money that’s been invested is staggering, VW lead the charge with close to US$80 billion invested in R&D in both EV and battery development. Diesel Gate cost the dearly and sparked a fire under their arses. Up to 30 new EVs in the next year and a half to hit the market.

In the last year we have seen Rivian enter the market, throwing a big cracker at Ford and GM, I’m blown away they secured that Amazon order for 100,000 Rivian courier vans. This will change the courier business for ever.

So now we see Ford & GM upping the game and partnering with Japanese and German companies, they know they are fricked as they are years behind in research.

Toyota surprisingly enough had the Prius for years but chose to pursue the Hydrogen dream, only late last year to wind it back and throw 16 billion into BEV.

Now this is all off memory so could be a couple of billion out here and there so stand to be corrected!

Porches, Bentley, Rolls Royce, have all changed tune, in other words the auto industry has around 300 billion committed to the EV and battery space, as opposed the frick all two years ago. They have chosen their path forward and is the electric path, VW is converting four factories as we speak, Tesla continues to expand its dream with Chinas Tesla factory about to start pumping out cars. Look at their current success with sales in Sydney and Brisbane.

Haven’t even touched on the solar aspects, as solar panels are already popular wait for the surge as the home storage battery solutions become even more affordable.

This story has just begun. Watch the big investment and pension funds follow the the initiative the UN launched in 2006. The Principals for Responsible Investment or PRI was set up to provide the framework for investors looking at Environment, Social, and Governance factors in their investment strategies ESG.

The PRI initiative has over 1500 signatories and has over US$60 trillion invested. Look at the Iceland and Norwegian super funds, look at Saudi Aramco’s IP.

The world is changing faster than most realise.

I’m holding my lithium shares tightly.

GLTA.