I really like that our company has started to give meaningful updates to investors and even bothers to reply to questions. I’ve become a big fan of Lucas, and to be honest, considering the overall negative market sentiment on lithium and the mess of the merger with PLL, I don’t see people rushing into the stock pre-merger. But the numbers are starting to look better, and it won’t take much of a rise in lithium prices to start seeing more than just break-even in the future. I don’t think many people focus on the fact that we’ve ramped up, been producing, shipping, and running a business that’s a couple of years ahead of others in our area. Some haven’t even started building out the infrastructure needed, let alone a plant, and this head start we have could be significant if prices start to move upward (which I believe they will).
The supply gap is real, EV and BESS ect. growing at incredible pace and what is clear for now is that there is yet to be produced a cheaper $ per kWh alternative to LFP. Sure it will come, but from the lab to the market is a few years time, meanwhile there is no real alternative to Lithium based storage.
All my opinion only, feel free to disagree.
/J
SYA Price at posting:
1.9¢ Sentiment: None Disclosure: Held
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