Electric cars thread, page-1910

In your link, the lithium compounds market is only forecast for CAGR of 7.2% over the next 5 years. That's hardly worth frothing over. Lithium demand down 25% in 2020. It's probably going to take until 2022 just to get back to 2019 levels. In the meantime, the price of lithium remains in a rut throughout this period because supply continues to be greater than demand, despite huge reductions by all producers... and GXY's piggy bank continues to get raided to the point that it has no money and still doesn't have SDV producing at stage 1. It doesn't look like a good equation to me. I'm happy to see other people's numbers as to how they see GXY avoiding having no money in the bank within the next 2-3 years given the current predicament of the market..