PLS 0.93% $3.26 pilbara minerals limited

Hey Barg, just use a table to compare the numbers (comparison...

  1. 8,981 Posts.
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    Hey Barg, just use a table to compare the numbers (comparison analysis), like the one below;

    https://hotcopper.com.au/data/attachments/1376/1376109-ed5a8096ee1478e41a3260f53bdda532.jpg
    As can be seen, cost comparison is over 5 years (and excluding the $11,000 tax incentive from the mix), the saving over said 5 years is $17,199. Now those numbers do not take into account enviromental, health, etc savings, nor do they take into account how that $17,199 cost reduction is recycled back into the economy, re-invested, used to pay down mortgage, etc, etc. Now, if you were off grid and charging your EV from home solar/battery set up, those savings ramp up by a further $2,549, thus a total saving just shy of $20,000 ($4,000 pa) over 5 years.


    Now, if we assume for a moment that the cost of extracting Lithium, processing it right down to end battery product is same cost of extracting and processing fossil fuels, you would have to be a knuckle dragging banjo player not to take the EV option............... 



 
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