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Originally posted by MonkeyChief
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One thing that was repeated in the AGM is the fact that Lithium is a very small portion of a "Lithium" Ion battery. It was referenced as a sprinkle of salt in the battery recipe. I personally do not believe Lithium will be in short supply for long due to the fact that every man and his dog has been looking for it and there seems to be a decent amount in the ground. The trick is getting it out of the ground and to market as quick as possible to take advantage of the present shortage.
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You totally misunderstand how huge the demand for lithium will be. Just look at the number of EVs projected for 2020 and the amount of lithium required. Supply will struggle to keep up with the demand. This is major disruptive technology. Too many analysts have it totally wrong. On a POSitive note it will be good for POS. Pardon the pun which was intended.
Last edited by
rvajna :
10/11/17
(20min delay)