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Ann: Trading Halt, page-113

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Black Cat

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18/11/23

18:42

Post #: 70979370
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Originally posted by lockitt: ↑

I also must risk being howled down on lithium I am afraid.

A couple of things have made me a little risk adverse regarding the craze for lithium, one being the massive downturn in EV sales lately.

Buyers have woken up to the fact that EV's are not very environmental friendly at all.

The range is terrible and with even Biden calling out manufacturers regarding this point you know that it is a problem

The costs to buy are prohibitive and they only survive because of subsidies, which cannot go on forever without a revolt from ICE buyers.

The incredible risk of fire is a total killer in my opinion with particularly women unhappy on that point.
Please don't tell me that more petrol cars catch fire than EV as we all know which fire we would rather be trying to control in the garage under our house, don't we?

Anyway we can organize an official stone throwing for later.

I will still support lithium for ICG as we sure as hell need something to be successful.

Lockitt

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What slow down - not likely !

https://www.electrive.com/2023/11/16/china-is-approaching-one-million-new-energy-vehicles-per-month/

ICG Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
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Ann: Trading Halt, page-113

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