I'm not that worried about current situation, I'm more worried about future plans, 30 ktpa of LCE (hopefully battery grade) by CY25, Narah Lithium Hidroxide plant at 10 ktpa in H2 CY21. It's all good, but maybe a little to conservative for my liking. Toyota currently has big battery supply problem, last year they were the best in the terms of CO2 emissions in Europe, but they seem to be stuck around same numbers this year. RAV4 Prime should be selling like hot cakes, but they just can't make enough of them, Lexus UX 300e is somewhat of a let down (Chademo plug, range).
Would be good to hear some word about EnergyX DLE, because at current way of extracting lithium there is just no way to ramp up the production if the demand gets higher.
ORE Price at posting:
$2.52 Sentiment: Sell Disclosure: Held
