Critics of Kidman can try as hard as they can to see the future of Kidman in a negative light.... but the facts cannot be changed.Our customers are number 2 + number 3 of the currently largest battery manufacturers. For Kidman, this means stable and long-term incoming payments. Every investor welcomes such prospects
but not every explorer can offer them.
But these two customers (Tesla + LG) are not the only customers of Kidman and until 2021 is still plenty of time to attract more top customers. Often it's like a magnet. Hears a company... ahhhh this company is already interested.... then we want that out. In this respect, we can be grateful to Tesla for having already placed his trust in Kidman in 2018. Everyone knows that Tesla is a very critical customer. Elon trusts Kidman. And especially for Tesla it is absolutely reliable to have a TOP reliable supply chain, because Tesla has no alternative to electric cars. He trusts Kidman, not SQM. Because his contract is with the share of Kidman. A (still) small player on the market.
Bloomberg estimates the growing demand for lithium to be massively high... it starts in 2021, we can congratulate our Kidman management for not selling lithium before at cheap prices. That the whole plan is for 2021. Of course, good luck also plays a role at Kidman, because not all the documents would have been done before and the construction of the refinery would not be finished. Construction will start as early as mid-2019, there is not much time left. I'm so excited, it's incredibly exciting.
https://www.bloomberg.com/news/arti...ees-ev-battery-business-breaking-even-by-2021
