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Allkem General Discussion, page-3366

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ljcamp

2,774 Posts.

2512

01/04/23

16:49

Post #: 67083901
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Originally posted by Funkmasterjimmy: ↑

Great commentary lj and STW,
On a side note I can’t see AKE as a t/o target and I say this as I don’t see Toyota relinquishing their grip on the future lithium supply.

quite the opposite it seems to me that the writing is on the wall for legacy car makers and it well may be the e case that Toyota will go into full scale ev production to stay current. Just my opinion. Where the heck else are they going to source a massive amount of LCE? I think the signs are present that this is the way forward for Toyota.

can anyone imagine where AKE will be in a few years time? With JB and SDV etc etc etc and god knows what else happens? And one last thing waiting for these environmental permits is excruciating for the love of god just sign the permit Canada

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the question I have in the back of my mind is, Toyota is a ¥60 trillion market cap, approx aud$340b.

AKE is approx aud$7.5b market cap but without AKE can Toyota survive? Doubt it.

so, it begs the question, what can Toyota offer AKE that other OEM’s can’t? How can Toyota make it in our interest to lock up the 100,000 tonne of LCE that’s uncontracted and due to come on line by 2026?

sure Toyota have a decent stake in AKE but is that really enough?

AKE Price at posting: $11.88 Sentiment: Buy Disclosure: Held
23 Upvote

2 Great analysis

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