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Nickel Cobalt Prices, page-17

  1. 5,528 Posts.
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    Zubric, the world runs on a dollar.

    Richness to me is not determined by the dollar, but by the richness of the earth.

    With hydrogen we are at the crossroads, there is about 30 years oil left. We can't use it all. Need strategic oil for the next hundred plus years.

    So there's two choices - Electric / solar or hydrogen.

    Naturally hydrogen is chosen as it replaces oils revenue.

    Its dirty in the sense it requires manufacture that causes pollution. But hey the company can buy carbon credits as offset. See even there that's money derived as you buy or sell someone else's pollution to meet ya target.

    Hydrogen also needs to be transported, more pollution.

    So between now and 15 years, the big end of town will push it, to make the consumer think its the cleanest replacement for fuel.

    This won't work as solar panels move from 15% average effeciency up. There is massive room in solar as current panels do not absorb and convert 85% of the sun's rays to power.

    Batteries also will get lighter and store more, along with nano tech for paint and solar. Solar paint blanket.

    Whilst on hydrogen there are only manufacturing effeiencies in production to be had, BMW in Germany has already well advanced engines, so tech there limited.

    By the time this happens, present kids will be the target consumer. In a way they are the best target for clean energy than us adults as we are used to paying for fuel and causers of the pollution they want gone. .

    As you say zubric, we maybe greedy bastards trying to get rich.

    But we maybe getting poorer in other areas. Health and environment.

    Ie. What is the yardstick?

    Some of the poorest lead richer lives than dollar richer persons.

    Steve jobs was rich, but his richness didnr buy his health.

    Czn will do well hear, maybe not today, but down the track with there nickel. If there is massive uptake in EV, battery manufacturers won't be able to source all the nickel needed.

    I can see 20k per tonne 2 years out from a supply shortage.

    Czn might not mine Lynn Lake, I doubt they will ever have the cap. To mine it will take a company with a billion dollar balance sheet. But I can certainly see czn taken over or someone knocking on there door offering dollars for Lynn Lake.

    Next year will be interesting, present bit early in the EV cycle.
    Last edited by mode1971: 19/05/20
 
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