Nothing like a good truncation on a hot day:confused: How does...

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LocksmithTrader

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26/01/23

20:09

Post #: 65897281
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Originally posted by Promo ↑

In a bull case scenario electric vehicle and lithium demand could reach a television-style tipping point.
In America immediately after World War II, televisions weren’t affordable. In a survey most households responded they didn’t want a television because they had radios and drive-through movie theatres. However, once new technology made televisions affordable the tipping point into their mass adoption was quicker than expected. Numbers went from 6000 in 1946 to 12 million in 1951, on one estimate.
Despite the excitement around UBS’s pivot, the broker still expects lithium prices to fall, and it’s probably fair to say it doesn’t expect a television-style tipping point. This is a call in line with the consensus of every major investment bank.
Truncated from my post above - Lithium/EV in a historical context…

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Nothing like a good truncation on a hot day

How does this fantasy sit with shareholders?

Pilbara Minerals and Patriot Battery Metals merge to form a Super International Lithium Company. Tony Kiernan retires and Ken Brinsden succeeds him as Chairman of the new merged company. Dale Henderson continues as CEO.

Patriot avoids suffering from PMT- (Pre Mining Trauma) and gets fast track funding and expertise from the new merged company.
King Ken then rules the world The undisputed King of Lithium

And we all lived happily ever after

PLS Price at posting: $5.11 Sentiment: Hold Disclosure: Held
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