GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-1529

  1. 596 Posts.
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    You can all argue about price, supply and jv partners. All current numbers will go out the window. Lithium demand is about to go ballistic, the KODAK moment has arrived and unfolding.

    The corporate presentation was boring as watching paint dry, except for one piece of information.

    Germany 2025 – Ban on registration of ICE vehicles

    Germany is the largest car manufacturer in europe. All brand new ICEs now have a lifespan of only six years. No one in their right mind will buy a car for such short lifespan. Sales of ICEs in Germany is about to collapse. If the existing ICEs makers do not have an EV model they will be out of business. ICE manufacturing will cease and EVs will start or they face extinction. If current world lithium supply was to increase 100% for the next three years, there would still not be enough. Current world supply is not even increasing at 30%.
    For auto manufacturers planning to release their concept cars in 2022/3. The motor and electronics will be out of date by then.
    If you believe quality lithium companies are worthless, sell away. Typing is cheap and time wasting. You can live your life scared or make decision on yor future for what is about to happen.
    NB- trolls are on my growing ignore list.
 
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