AGY

8.70%

5.0¢ argosy minerals limited

Benign Banter & Price Predictions, page-5160

First 5160 Last

Share
Profile

Follow
MarketingMan

5,794 Posts.

3426

19/01/18

11:50

Post #: 30411793
Share

Originally posted by GCar ↑

Sad thing is, the market doesn't seem to be able to do basic maths, and estimate EV penetration growth and Li demand... instead it's knee-jerk and after knee-jerk reaction to a bunch of so-called expert analysts who have proven time and time again that they don't really have a clue as to what is unfolding in this new world of EVs and battery storage...

The sheeple are the ones getting fleeced.

I'm not that bothered by it really, sure it means short-term drops and fluctuation, but in the long run, we will see first hand what such immense technological disruption can do to and at what a swift pace it can do it.

Just remember:
For every 1% EV penetration (~1 million vehicles), there is around 50,000t LCE required.

Take a basic example: India is pushing for 100% EV sales by 2030. They sell over 20 million vehicles per year.
hmmm... 20 x 50,000 = 1,000,000 tonnes of LCE pa right there (and sure, maybe a chunk of those cars/batteries will be smaller, but you get the point).

ooohh, a bit of an increase by SQM (to what, ~200,000 tpa, still several years away) is going to oversupply the market..? As if.

Trust your own analysis people, and remember the agenda of the vultures who profit from the volatility. It will get there no matter what they do, although for some reason, riding the big wave upwards is not enough for them - they want to shake the pool and make a lot of waves on the way there, so they can transfer more wealth from the nervous nellies and impatient ones.

Basic maths...

Expand

I hadn't done that analysis but 'gut feel' I estimated that SQM's future increase would be not very significant - thanks for doing the numbers.
As a LT holder and somebody looking to buy more, this retrace is NOT A CONCERN and an opportunity to buy more at a price I didn't think we would see again.

It's all good.

AGY Price at posting: 40.5¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

CCO

The Calmer Co’s Anthony Noble reflects on record breaking FY24

CYM

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

PYC

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

VYS

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

HVN

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

LLC

Lendlease sells off US east coast construction operations in latest global divestment push

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

HLX

Helix investor makes partial takeover bid, proposing board changes

TBN

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

This thread is closed.

You may not reply to this discussion at this time.

There are more pages in this discussion • 1,061 more messages in this thread...

First 5160 Last

Add AGY (ASX) to my watchlist

(20min delay)
Last 5.0¢		Change 0.004(8.70%)		Mkt cap ! $72.79M

Open	High	Low	Value	Volume
4.7¢	5.2¢	4.7¢	$224.9K	4.583M

Buyers (Bids)

No.	Vol.	Price($)
1	67846	5.0¢

Sellers (Offers)

Price($)	Vol.	No.
5.1¢	208417	2

View Market Depth

No.	Vol.	Price($)
1	67846	0.050
1	43478	0.049
1	62510	0.048
2	225000	0.047
6	295616	0.046

Price($)	Vol.	No.
0.051	208417	2
0.052	170962	6
0.053	553567	8
0.054	143113	2
0.055	227616	6

Last trade - 16.10pm 30/08/2024 (20 minute delay)

AGY (ASX) Chart

Benign Banter & Price Predictions, page-5160

The Calmer Co’s Anthony Noble reflects on record breaking FY24

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Lendlease sells off US east coast construction operations in latest global divestment push

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Helix investor makes partial takeover bid, proposing board changes

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Benign Banter & Price Predictions, page-5160

Top Stories

The Calmer Co’s Anthony Noble reflects on record breaking FY24

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Lendlease sells off US east coast construction operations in latest global divestment push

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Helix investor makes partial takeover bid, proposing board changes

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News