@TechSpec00 I do hope you didn't invest too much.
Please everyone read up on the present halt in EV production - doubts in manufacturing circles, including BMW - read other lithium threads too -
Yes, there will be a transition to EVs but right now the glaring difficulties and shortcomings of EVs are becoming obvious and there is a slowing down in the adoption of EVs and resultant slowing down in production of same EVs! and
. . . unless the Chinese come up with a better and cheaper car - and the necessary re-charging infrastructure is built - maybe next to existing service stations - the whole process has slowed down - it will happen - eventually, I have no doubt about that.
Also:
If the present management team had been into this wholeheartedly from the beginning, we would by now have a producing mine, further production would happen locally, none of this fancy (and expensive!) business of carting the material from the Austrian mountains to Saudi Arabia to a processing plant, which plant - so far - has no basis in reality, just a piece of paper called a 'memorandum of understanding' or similar, which is not binding.
The Saudis by now, are sophisticated hard-nosed business-men and I cannot imagine they will be swayed to put up an expensive processing plant for the sake of a medium-sized as yet non-producing mine far far away. So far they are still selling their oil at great prices.
Just one simple question: how many of you are driving an EV? What are your plans for purchasing one in the near future!
Taurisk
- Forums
- ASX - By Stock
- General Discussion
@TechSpec00 I do hope you didn't invest too much.Please everyone...
- There are more pages in this discussion • 85 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EUR (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.0¢ |
Change
-0.002(3.85%) |
Mkt cap ! $69.90M |
Open | High | Low | Value | Volume |
5.0¢ | 5.3¢ | 4.9¢ | $53.37K | 1.064M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 151299 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 151299 | 0.050 |
2 | 105408 | 0.049 |
4 | 155791 | 0.048 |
3 | 61196 | 0.047 |
2 | 41739 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 50000 | 1 |
0.053 | 155000 | 3 |
0.054 | 41000 | 1 |
0.055 | 338183 | 3 |
0.058 | 20375 | 2 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
Last
5.0¢ |
  |
Change
-0.002 ( 0.00 %) |
|||
Open | High | Low | Volume | ||
5.0¢ | 5.3¢ | 4.9¢ | 243595 | ||
Last updated 15.39pm 10/05/2024 ? |
Featured News
EUR (ASX) Chart |