Do some research you muppet.. solid state batteries use more...

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lunatec

183 Posts.

132

06/10/23

13:36

Post #: 70209277
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Originally posted by Nolan78: ↑

We all got it so wrong.

The announcement of Livent and AKE merger back then went Livent share price was $25 and now at $16.88
and back then AKE was $14 and rose to $17 and now its all going down the gurglur due to massive over supply of lithium
and the fact that all car makers are now moving away from lithium to solid state batteries from 2025 onwards.

My plan was to sell all lithium stocks in 2024 before it all crashes down.

More people are aware of what is coming now.

Many in here were showing charts suggesting a rebound when it was in the $13 to $14 region.
I've been hanging out for the merger which often sees a stock climb even further then levels out
and drops back.

As more car makers come out to say they moving to solid state batteries the more our stocks will fall.

The over supply issue is real too. Mine expansions and new mines coming on line causes
lithium to fall. Lithium prices have been falling for months now and it will get to the point where
new mines can't make any money at all and they go under leaving the big players and that would have been
good enough in the past but if the big boys like AKE, Livent and PLS do not start diversifying to
what is changing in the way of materials for solid state batteries then its game over.

This all reminds me of beta vs vhs. Beta came first then VHS came along and beat what came first.
We see this through time. DVD comes along and VHS disappears. Then comes streaming services and DVD disappears.

Same is going on with car batteries. Lithium set to pass away for solid state and solid state will probably disappear
to graphene once the prices come down.

Solid state is half the price of lithium so cars will get cheaper, they can't catch fire and have one million miles
before they need to be replaced.

Problem is we all get to greedy including myself and hang onto our shares to long. We all get carried away
and don't want to know and believe the spin from companies until its all to late.

Country power grids are all still using lithium in large contracts so we may see a bounce up soon.
When country power grids start moving to solid state then game over.

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Do some research you muppet.. solid state batteries use more lithium. Not the first time you’ve posted this garbage and have been corrected..

AKE Price at posting: $10.79 Sentiment: Buy Disclosure: Held
19 Upvote

2 Great analysis

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