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Every man and his dog has been aware that EV sales would be the...

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Exceller

1,458 Posts.

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03/07/20

09:18

Post #: 45616284
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Originally posted by sabine: ↑

My theoretical musings are as valid as those of anyone else Exceller.
Also I was asked to start a new thread on the topic of EVs and did!
If -for the sake of fairness - you feel a thread on the relevance of electric toothbrush sales to Altura is appropriate then why not start a thread on that topic ?

Also rather than ‘undermining the overall requirement for Lithium’, I feel it is quite possible the discussion has been helpful and may prove enlightening and useful to others by bringing attention to the issue of lithium end users .
And also offers a chance to show how much misinformation there actually us out there?
Not just on this subject but everywhere?

eg you initially said rechargeable batteries took up 60% of lithium end use [here]
@Rupfel thought it was about 5o% [here]
Then you posted a chart which said the figure was 65% [here]
I posted two charts that were a bit hard to figure from Bloomberg (although the first favoured Rupfel’s view [here]
...And now - did you notice? - The Australian Government report posted by @Sjlasx posted has clarified the ‘national’ view on how much lithium goes where with yet another statistic again.

So who is right ?

FWIW it makes it feel ‘more real’ to me to break Altura’s expected annual lithium production of 220,000 tonnes into car sized chunks - at either 20 or 22 to the tonne.
It helps me focus.
It is not done out of malicious intent.

Also, once again, the point of starting the thread was to discuss the impact of EV sales on Altura.

Regardless of whether Altura’s whole production is shipped to the electric toothbrush factory (which truly causes me to wonder how many toothbrushes there to the Pilganoora tonne) - I still feel it is EV sales that are driving the price of spodumene and so talking about them is relevant and, indeed, the real point behind my theoretical musings.

cheers

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Every man and his dog has been aware that EV sales would be the main driver of the Lithium price since we all began investing in this commodity.

"It helps me focus".....What a crock....

Last edited by Exceller: 03/07/20

AJM Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
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