AGY 0.00% 4.1¢ argosy minerals limited

Ann: Lithium Pilot Plant Operations Commenced, page-28

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  1. 5,869 Posts.
    lightbulb Created with Sketch. 3505
    You make a very interesting point about commodity prices.
    1. It is not beyond the realms of possibility that Lithium prices (yeah, yeah, I know more than one grade etc.) could peak to stupid prices. One commentator spoke of $100 per tonne (not yet - at the peak when all car makers are trying to get cars off the production line [after 3 years of investing millions in development programs] and all that is stopping them is lack of battery packs - they will PAY THROUGH THE NOSE).
    2. Will we see the emergence of a Lithium commodity market? Coz that'll make the pricing more transparent and fluid.

    Yes. This won't happen for a while.
    But it makes buying shares at these low prices very interesting.

    [unless of course someone comes up with a better battery technology, or non-polluting ICE - then we will be stuffed]
 
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