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The transition to EVs and battery storages will happen faster...

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    The transition to EVs and battery storages will happen faster than many realize.
    In the fifties and sixties, buses would wait at the docks to collect migrants on their first day in Australia. They were payed on their first day of arrival and accommodation organised by the employer ( mr Fletcher). Walk out of a job before 10am expect to be employed by 3pm from a competitor. This industry peak around early 90's, within ten years 80-90% had dissappear. It will never happen they said.
    Today there are only a handful of workshops around.
    Mums and dads spent months saving for box TVs, they were targets of break ins. Today perfectly working flat screens sit outside for hard rubbish collection.
    Milkbars were center of every suburbs, they dissappear when the supermarket changed trading hours.
    Helped a friend family setup a video store, the first two years business was flat out, by the fifth year they struggled to pay the bills and ultimately closed.
    Having seen the above first hand, many are underestimating the speed of change.
    Classic cars will be like antiques, useless for a purpose but too valuable to throw out.
    Those that believe in the oversupply story are very mistaken. The change will be like a switch and every industry will be affected.
    Lithium is more of a computer chip in the age of energy than it is a commodity. Those (trolls) that believe lithium is a fad and EVs will not takeoff will be proven very wrong within five years. They will be part of it.
    Last edited by regal: 10/01/19
 
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