PLS 2.72% $3.02 pilbara minerals limited

Good News & Bad News, page-14474

  1. 622 Posts.
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    Whilst we are all invested in the Li Price/Demand being sustained and growing, we can become a little over zealous. I would suggest there are, in particular, two factors that will have very little effect on outcomes, and they are: 1) the uptake of EV in Australia and in particular WA - which due to small population and distances will be one of the most unsuited venues for EV use and 2) the suggestion that Li will backup solar and wind to provide a sustainable world power grid. The fact that there will be a shortage of Li simply to sustain world EV demand should be sufficient to sustain pricing into the future, IMHO only.
 
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