PLS 0.94% $3.16 pilbara minerals limited

Good News & Bad News, page-20719

  1. 4,116 Posts.
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    The biggest threat to lithium is graphene now.
    Intel and many others are adding graphene batteries to mobiles and notebook pc's.

    A few car companies have already moved to graphene batteries and due out in 2023
    with a range of 800km to 1000km and able to fast charge in a few minutes.

    NASA working on graphene batteries for commercial planes.

    Lithium boom appears to be over now. Every lithium stock is getting pounded and down over 35%
    in the last 6 weeks or so. This can't be ignored.

    A QLD company is setting up a solar array with graphene batteries backed by the QLD state government.
    Its a fast moving space now.

    The biggest question is how many other car companies will move from lithium to graphene.
    4 car companies have made the switch and a few battery wall companies have as well.

    I am still holding onto PLS and AKE for now.
    My plan was to sell them in a few years just when graphene was suppose to take off but that seems
    to be happening at a far faster pace now.

    I'll hold for now though.

    China has the covid hell now too which causing a perfect storm and may cause a market crash
    like in 2020.

 
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