EV and battery thread, page-2

Hi Everyone

It has been a long time. Went on a big holiday, spending my PLS dividends (had a fabulous time), ignored the market came back to a crap show, and decided its best to just keep ignoring (keep the eyes off the screen) and let the market it fix itself (bump in a long term unstoppable transition). Seems to be doing so to some extent.

Here is Stephens data in graphical form:




This graph below is most important though (how it shows the data). The percentage of additional sales beyond the previous year can be somewhat correlated to SP direction/movement. Basically, this years brown line being smaller than last years blue line for most of the last quarter is what caused all the pain that it did. If 2024 is going to be better we want the line lines to be much higher than the blue lines. If it doesn't don't expect much, if it does, lift your expectations. We get the data late, so will be last to know what is happening. Cybertruck + BYD ramping like crazy + many new models coming on the market. Hopefully enough to displace the terrible sales volume from OEMs. We need them to lift their game.




Anyway congrats all to being apart of a new company. Hopefully, when the sector becomes hot again, the US tendency to go high in PE will be extended to the Aussie shares as well. The company has cash, growth options and opportunity. No excuses at all not to deliver. Regardless of your opinion, it is what it is, and if the sector is hot everything is in place. The only thing I observe is that they need to be careful with how much hydroxide they want to target. Improvements in LFP density and technology gains and acceptance of solid state will squeeze hydroxide. It is Livents advancements in working with chemicals for solid state that makes this merge most important. When the technology transitions, we will be at the forefront (there will be limited spec material available, limited competition to source it from). DYOR all.

All the best for 2024 all. I hope you have had a great year and will have an even better one next year! Don't forget to live life along the way. Unless you spend it, your wealth is not real, just a simulation on your computer screen.