Nissan leaf 2019 $50kSuzuki Swift 2019 $17kI think perhaps more...

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szaba_the_hut

14,226 Posts.

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14/08/19

09:39

Post #: 39985024
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Originally posted by regal: ↑

The posts on here are getting worse by the day. Before posting anything about another country, learn about it first.
Argentina has nuclear power, not many countries have that....or are advanced. Macri was elected to dissolve poverty. His policies of export taxes and buying peso has increased inflation. Argentina is not like chile, its better. The economy size is second to Brazil. The VW armarok is made guess where?

As for the SP its 337m US market cap. 200kt per year of spod at 600/t is $120m US. The cash in hand is 180m US. SDV and JB is Zero valued. Mt.C alone is already valued more than the SP. The sales of spod in one year is more than the SP. While everyone is looking at cars, there're battery storages, ebikes, ships and everything else that use batteries.
There is a qualifying period of six months. What this means is if 10k battery packs are produced, samples are tested over six months before they are released for sale. The spod from new 2019 miners have not made it to the battery stage. The chemicals being used are from 2018. By years end this volume will be zero. This is the time when autos want their orders. People are selling, so who are buying? the people buying are those that know demand will outstrip supply. Will not take ten years to transition when price parity is in two years.

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Nissan leaf 2019 $50k
Suzuki Swift 2019 $17k

I think perhaps more than 2 years to price parity but its a winner long term that competitiveness will improve.

We need expensive ICE fuel to be a catalyst for rapid transition to EV. If trump nukes Iran that might speed the EV transition.

GXY Price at posting: $1.22 Sentiment: Hold Disclosure: Held
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