General Discussion Topics, page-96762

Bahahahahaha...
Read the following, Courtesy Reuters:





So, while there is a heated discussion of how the going rate for our (SYA) SC5.4 to PLL will be, will it actually matter if the overall EV market is going to adopt a reasonable pricing structure.
Well someone was a good salesman (ELON MUSK), who managed to sell his cars at a premium and then there were many-a fools to buy it at even higher premium than one could afford to, and in some cases purely to come across as more affluent than others (HARSH TRUTH-REALITY)
Li/Spod is going to have much more downward pressure than we have expected. Most likely will bottom closer to USD 2000 per tonne. And how will this affect PLL? I bet KP must be sh###ing himself. Not to mention a capex of 850+ mill. in this high inflationary period
And don't respond to this post with some demand/supply bullshit.
If the price of the end product, EV in this case is going to be at a lower end, then the prices of its manufacturing & raw materials will have to drop relatively.
And also, this is all about volume. In which case SYA will be a winner.
We have the volume, if there has to be an EV revolution every household needs to have an EV and it has to be AFFORDABLE - PERIOD!
we will make enough profits.
And more over that carbonate plant will/should come online sooner than anticipated.
Haters, naysayers, optimists, dreamers, horoscope readers, palmists, fortune tellers...no need to reply to this post.
This is going to be fun...keep accumulating guys, unexpectedly everything is going to work in our Favour...hahaha.
CASH NEEDS TO BE NOW AND CASH IS KING!