We certainly do seem undervaluedto some of our peers, though I admit I haven't researched these companies’economics as thoroughly as I would like just yet. And on a personal note SB thankyou kindly for your contributions to this forum which I ALWAYS read and find enlighteningand thought provoking.
I'm not fully convinced on the "efficienciesof Green renewable power, stored energies, and total electrification ofour transportation systems."
Fossil fuels are a very denseform of energy thus incredibly efficient in terms of what can be harvestedthrough burning it. It is simply the emissions from this process that most peopleagree are undesirable. Wind and solar are highlyintermittent, therefore inefficient, hydro seems like a valid option butrelies highly on geographics, which brings inefficiencies. Storage mighteventually help to overcome this of course, but it just doesn't seem as thoughthe capacity numbers add up to a reliable baseload power option. I thinkit was Bill Gates suggested all the batteries in the world could power theglobe for 10 minutes?
Nucleur fission seems like theonly realistic emission free technology that exists to provide reliablebaseload power and these days is fairly low risk in well-regulated westerncountries at least. Nuclear fusion (what happens on the sun) would be theholy grail of options and I wish society would invest in more research here, and oneof the reasons I think overpopulation is a myth. The more collectivehuman minds we can put towards solving problems like this the better our lives allbecome. So have more kids people, because you never know who will be the nextMusk or Gates, but I digress.
My concern with baseload power is the direct role it will play in supportingvehicle electrification. Charging your EV every day is something like running 4extra refrigerators all year long, in every household. Since manycountries are ALREADY faced with the prospect of rolling blackouts andbrownouts (especially when reliant on wind/solar) where can we find thefaith that governments and the energy sector will be able to adequatelyprepare both their grids and power generation to accommodate mass vehicleelectrification, especially as uptake becomes exponential, and there’s nodenying the market is there for this electrification.
Even if 50% of households ended up with EVs, while the other50% would unquestionably be faced with rolling blackouts, there would be mass objection to vehicle electrification andsignificant social movement gainst it, which might irreparably damage or slowany transition.
So I posit that the biggest long term risk to electrification andtherefore lithium demand and Sayona remains grid infrastructureand baseload power.
If the economics of storage don'tadd up, then nuclear is the only viable option, and in Australia that conversationis still taboo to an extent, but we cannot wait another 10 years just to startthat discussion, we need to start building out or infrastructure YESTERDAY.
And just for some giggles this fine Friday why shouldnt I throw out an arbitrary closing price prediction of 21c, Go SYA!
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