$50 Party, page-10

LIS only needs a small fraction of this market and $50 for ppk won’t be hard down the track. LIS could be $10 on its own with contracts building over time. The market, the general public, industry and the media have no real idea about LIS. Its off the radar at the moment pre IPO. If LIS starts JV’s with major battery players, then the stock could be astonishing. Probably a good buy on listing. $10 is only about US$4.5b market cap. That may sound a lot but given the valuations of inferior battery tech companies and the shear performance of this tech, it’s cheap. Ppk has run up $10 on limited news flow so it’s got to be part of the run that’s added hundreds of millions to the market cap. Ppk will do more deals of course. They also recently amped up there production capability in a meaningful way.

Global sales of batteries for electric vehicles and energy storage systems will jump as much as tenfold to $151 billion by 2030, according to the study. The task of meeting fast-rising battery demand will need “unprecedented but achievable increases in materials, components and cell production,” BNEF said in a June report.

Australia should also consider potential integration of the battery industries with its nascent hydrogen sector, the Accenture report said. “The technologies are also complementary,” the report said. “Batteries can support 24/7 green hydrogen production, meaning that both industries can prosper.”