If Australia, yes the little 2% pissant part of the world economy wanted to go full tilt Solar , Wind with full battery back up for times when the sun hides on the other side of the earth and when the wind puffs itself out then this is the joke of the millennium.
All the Lithium ever mined and to be mined would not be enough to stop rolling brown outs, black outs or complete system overload and burn out.
The future for Lithium is so bright it is like burning magnesium.
As for the oil and gas industry, its not going away, it is going to have to drill deeper with depth comes risk and caesium formate brine for drilling greatly reduces risk and insurance costs.
We are on the no brainer win win of the decade, chins up and just wait for pay day.
PIO Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held