AGY 6.82% 4.1¢ argosy minerals limited

General Comments & Banter, page-10379

  1. 783 Posts.
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    Ok guys, you know i love my calculations. So here's a lil something.
    Please take this with a grain of salt, it's just for fun, it may not be realistic, it's for shit and gigs ok?

    in the world of hopes and dreams lets say we sign an offtake with Mitsubishi Motors.

    In their FY17 they sold 1,101,000 cars.
    They predict FY18 will be 1,250,000 cars.
    that's a jump of 14% per year, lets say this trend continues.

    at this rate by FY2025 they will be selling 3,000,000 cars.
    that's a lot.... lets take this down to 2,000,000

    In Tesla's S model car there is 63kg of lithium. it's certainly not a biggg car. so lets use this number.

    It's predicted by 2025 that 22.4% of car sales will be electric vehicles (Germany have banned registration of internal combution engine vehicles by 2025, and China by 2040 i believe?)

    2,000,000 vehicles x 22.4% x 63 kilos
    = 28,224 tonnes of lithium per year they will need for 2025.

    if their trend is accurate and they actually do improve 14% year on end for car production this will be
    = 42,336 tonnes of lithium per year

    Cheers, just another random fantasy Jez Calculation
    Over and Out
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