CXO 0.00% 10.0¢ core lithium ltd

Banter and general comments, page-33196

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    Good post, but it would have been better with the full connect the dots back to lithium (although that would have been obvious to many). Government attitudes to oil, gas and coal are changing. In addition to some great performance stats around acceleration, noise etc governments are encouraging rather than neutral or negative on changes toward more EV's. They also support more renewable energy. EV's need batteries and all major battery types need lithium. Grid renewable energy has more peaks and dips than gas/coal generation. One of the ways of managing that is really big batteries. Batteries at home make solar work more effectively. These are all adding to lithium demand. As Government attitudes shifting away from O&G, there's a good chance it will add to lithium demand. More demand often means higher prices. For Core, higher prices means more profits. And some were against cophot's post!
 
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