Give me an old Holden anyday, I personally have no interest in owning an EV. I do however think EVs, home batteries and Industrial battery uptake will be untenable due to deficits in raw materials over the coming years. I believe demand is underestimated.
In the event there was a slowdown in consumer uptake of EVs it may in fact benefit current producers like Argosy. JZ has spoken in past that wanna be 25ktpa producers (resource companies) will struggle finding funding for high capex projects if they are not already in production or don't have proven technology. As with our experience with Mitsubishi, if conditions change, projects will be dropped or delayed.
First mover advantage, one foot at a time, Argosy is at the point we don't need anyone, they need us.
if brokers aren't crunching numbers on AGY I hope mum's and dads are. Time to put your thinking caps on investors and understand who is who and what is what in the Lithium space.
DYOR
AGY Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
