Australia's largest stock trading and investment forum Australia's #1 stock forum

GXY

Click for more information

0.00%

$5.28 galaxy resources limited

Hi regal, Glad you repeated my calculations for VWs...

First 7765 Last

Share
Profile

Follow
GCar

14,128 Posts.

8581

11/07/19

09:25

Post #: 39469300
Share

Originally posted by regal ↑

The eyes are sore so haven't posted.
To understand where we are, we need to look at the past. Many posters are in their 20s and 30s. About three decades ago the geniuses of the world decided to reduce pollution. They came up with a solution called ethanol. Large areas of forrest in the US and the amazon was cleared. The trees for timber, the land for corn and soybeans. The lungs and air conditioners of the world were cut down. The oil kept coming. Fifteen years ago along came clean diesel. Its now called diesel gate. The solution to a better ICE was to add more cylinders and more fuel. To reduce the fuel was to use turbo. They've run out of ideas.
Elon came along and decided to use a nuclear reactor called the sun. The result is battery storage. Primary children are learning and governments are creating policies around it. EVs are not going away. If the ICE makers are not on board, they will disappear
These three have 40 years mining life.
Ajm.....11c mc 233m 170m debt.
Pls.....49c mc 907m 140m debt credit drawn.
Gxy... 1.31 mc 536m. 250m cash worst case.

Kdr 770m. Unmeasured resource.
The SP price or the market cap value? As an investor you decide.

VW is aiming for 150 kwh in Europe and 150kwh in Asia by 2025. Using tesla 70kwh for 63kg LCE, an average for future range.
150 ×0.9= 135kt LCE ×2= 270kt LCE. By 2025
270kt is the total volume of LCE for all usages 2018. In 2030 the number is to double. Its just VW. Tesla is currently using 22kt at 25kwh capacity from it 35kwh T1.

Brine is not about ponds. Its the salt from the brine containing lithium ions. In a salt water aquarium , the salt forms on the edges, salt is suspended in water and always try to leave. The salt leaves so much , salt has to be added to keep fish alive. If there is a technology that increase this process, no point using evaporation ponds.
In the livent video, the salt form on the sides of the the brine creek. The salt tries to leave the water. Ponds are to get the water to leave. What if the alternative is getting the salt to leave. Until the information is made available,its a guess. The available knowledge is not there for reading. They're all patented.
Whatever happens, it all comes down to the company directors. They are there to grow the business and increase shareholders value. Companies should be talking about demand for the product they are selling and the income generated. Not BS pie in sky. Understand directors? you.
There are different tiers( quality) of batteries. There are different quality level of chemicals that go into those batteries. 5,10,15,20 year lifespan. Different prices for different quality.

Speed up EV adoption.
https://www.automotivetestingtechno...ourages-industry-to-speed-up-ev-adoption.html

VW ices waiting to be scrapped.

Expand

Hi regal,
Glad you repeated my calculations for VWs requirements:
270kt LCE in 2025 and 540kt in 2030.

Imo people need to absorb the magnitude of this.
540kt is more than 3 times the current production of battery quality LCE.
That is just for VW. By 2030.

Let’s just speculate for a minute:
If VW sells 30% of the world’s EVs in 2030 (generous imo), then the production of battery quality LCE needs to increase about 10 times from current levels.
Ten times.
10.
Ten!

The mind boggles.
...and this ignores all others forms of battery use.

Wow. Just wow.

I really look forward to SDV putting out 50ktpa, as that is what I think will happen.

It is going to be a very interesting decade ahead.

Cheers

Last edited by GCar: 11/07/19

GXY Price at posting: $1.31 Sentiment: Buy Disclosure: Held
12 Upvote

0 Great analysis

Reply

Top Stories

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Making money: How many microcaps should be in an investor's portfolio?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

What each US election outcome would mean for Australian companies & investors

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

There are more pages in this discussion • 13,267 more messages in this thread...

First 7765 Last

Add GXY (ASX) to my watchlist