ASO 5.00% 1.1¢ aston minerals limited

Most current factories are configured for a certain chemistry...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 101 Posts.
    lightbulb Created with Sketch. 26
    Most current factories are configured for a certain chemistry and there's a lot of cost and time to change (could you imagine taking your battery factory offline for 6 months-1 year in this demand period?!). New chemistry technology just isn't mature enough in terms of charge/discharge capacity and rechargability/durability.

    You could make a case that batteries for building energy storage could just be built heavier and bigger, but EV and phones etc simply don't have that luxury.

    Eventually there probably will be some sort of innovation (as there is ongoing innovation in every sector) but can't see it happening to wide adoption within a potential mine life.
 
watchlist Created with Sketch. Add ASO (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.001(5.00%)
Mkt cap ! $13.59M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $1.776K 169.1K

Buyers (Bids)

No. Vol. Price($)
10 3059292 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 750599 3
View Market Depth
Last trade - 10.17am 01/11/2024 (20 minute delay) ?
ASO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.