PLS 0.37% $2.67 pilbara minerals limited

Good News & Bad News, page-40734

  1. 14,167 Posts.
    lightbulb Created with Sketch. 118
    the future of lithium in pictures ....
    on the demand side
    big cumbersome all electric cars that use a lot of lithium batteries
    https://hotcopper.com.au/data/attachments/6043/6043987-d62efa842b577ba8620a694d74de5613.jpg

    to this
    https://hotcopper.com.au/data/attachments/6043/6043996-6a612d956827e3f9bec9ee9b1d15d083.jpg

    Hydrogen cars with a small lithium battery

    And on the supply side


    https://hotcopper.com.au/data/attachments/6044/6044005-eca0bad75429a9858917b08a09578602.jpg

    lots of lithium because it is everywhere

    so slowing demand and rising supply = lower prices

    and lower profits going forward
    and you end up with thishttps://hotcopper.com.au/data/attachments/6044/6044012-7cda6c2cda3d75cf0922490cdf5c71e9.jpg

    and valuations like thishttps://hotcopper.com.au/data/attachments/6044/6044018-0b7f7684cdbc912e4091bf905a9bc01a.jpg

    that's how I see it



 
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