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7.0¢ itech minerals ltd

ITM Megathread, page-1007

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Tizard

1,138 Posts.

147

26/03/24

20:01

Post #: 73070826
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Originally posted by mileraFC: ↑

I think this is the chart that gives you a very good look into the future of demand.

Compares the history of energy density, which is how much energy you get from each unit of weight from a battery, which is effectively the range of an EV. The other is the cost of batteries.

We are currently nearly at the stage where range and purchase cost are very close to that of an ICE vehicle.

So where will we be in 5 years? Battery costs themselves have approximately halved in the last 12 months.

So do we want to focus on getting in the way of the above, which is ultimately impossible, or do you embrace it? Australia really is in a better position than almost any.

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Interesting read @mileraFC

Cheers

ITM Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 7.0¢		Change -0.002(2.78%)		Mkt cap ! $11.95M

Open	High	Low	Value	Volume
7.2¢	7.2¢	7.0¢	$6.711K	94.73K

Buyers (Bids)

No.	Vol.	Price($)
4	96682	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	116620	1

View Market Depth

No.	Vol.	Price($)
4	96682	0.069
2	89074	0.068
2	196604	0.067
1	50000	0.066
1	300000	0.065

Price($)	Vol.	No.
0.074	116620	1
0.075	50000	1
0.076	49233	2
0.077	50000	1
0.078	33000	1

Last trade - 15.45pm 05/11/2024 (20 minute delay)

ITM (ASX) Chart

Day chart unavailable