Totally agree! The demand for Batteries will be huge and hence so will the demand for Graphite! Tesla has built a simply awesome electric truck, that uses a massive amount of batteries, and is miles better than any other internal combustion engined truck of today! Production of it should be well under way in 2020!
The production of EVs, electric trucks, home and business battery storage, fire retardants, foundry items, graphene etc, will continue to ramp up as more factories come on line, and the demand for Graphite will increase along with it!
Conservative projected sales of new evs are about 9%, or 10m vehicles a year, by 2035, and 50%+ by 2050, or 55m vehicles per year!
Provided, that Volt gets the mining licences, the funding, and is able to establish a mine, it defies believe that it won't achieve some good sales! The demand will be there for good quality Graphite, and Volt has plenty of it!
But time will tell.
I believe that patience will be rewarded and I continue to buy VRC stock!
VRC Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
