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13.0¢ galan lithium limited

It is not 100Mtpa, it is 100Mt in total, for the whole period,...

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GeForce

1,046 Posts.

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09/02/19

21:23

Post #: 37387595
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Originally posted by selfmaderiches: ↑

diesel gas & gas will always be apart of Australian vehicles IMO, as for Europe Asia and Northern America etc this type of battery roll out of 100M Mtpa is not possible, due to energy production & demand IMO &will not be able to support this boom even if fully funded by 2030 IMO... If they reach 10M Mtpa by 2030 ill tip my hat. For a faster transition to cleaner fuels in transportation, Hydrogen will have to come into play. Lithium is still a very new industry and will take longer to get rid of ice vehicles than some think... 90% of people can't even afford to buy a $5,000+ Ice car in Australia without some type of financing... Ev's will happen in due course a IMO we havn't even reached embryo stage yet. Energy Storage & Grid Smoothing is where Li should be invested most heavily first... Polluted cities have their reasons to roll out Ev's, but we need to get stable energy to every corner of the world first via solar wind tidal and store this energy via batteries & hydrogen...

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It is not 100Mtpa, it is 100Mt in total, for the whole period, which equates to an average of about 10Mt per year, which is still crazy.
This is what is required and we'll get there sooner or later.

Last edited by GeForce: 09/02/19

GLN Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
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