Firstly you raise some good points however... Article Lithium or...

First 2 Last

Share
Profile

Follow
SonicBlast

14,732 Posts.

39

14/09/17

08:49

Post #: 27204930
Share

Originally posted by OptiontraderMGR ↑

http://www.renewableenergyworld.com...anadium-in-energy-storage-its-no-contest.html

The race to supply and manufacture of batteries for EV cars and solar panels for business and homes, is still a race that has not been won by Lithium alone.

This is my opinion only, as to why caution must be applied to all companies in start up production
Or about to start production in mining Lithium,with runaway market capitalisation well above earnings per share.

The other problem with runaway commodity pricing of one commodity is competition! Imagine buying an EV vehicle with a limited battery life, and technology catches up with Tesla produced EV by its competitors, who offer a better version with twice the battery life, which will still be working long after your dead!

Enjoy the market bullishness in Lithium, and make could coin while the market is in a state of shock, but when the picture becomes more clear as to competition from other market forces, make sure you are not the bunny in the headlights so to speak.

When I look up the market capitalisation of many Lithium stocks and see 800 to 1000 million dollar caps, I go wow, and can find only one stock making any resemblance of a profit, alarm bells are ringing loudly.

Yet, when I look at companies that work on ROE, and their market cap is barely 150 million, with expected earnings well over $1 in the future, you have to question the intellectual intelligence of the market at large.

But hey, everyone see it differently.

Good luck.

Expand

Firstly you raise some good points however...
Article

Lithium or Vanadium: In Energy Storage, It’s No Contest
July 10, 2014
By Bill Watkins

That is so out of date in regard to costs and capabilities of the 2 batteries. Seriousily your digging up an article from 3 years ago.

Secondly most major manufacturers are going all-in on Lithium batteries. They are spending $Billions on Lithium. They are NOT on vanadium.

So good luck with your days shorting.

Sonic

GXY Price at posting: $2.57 Sentiment: Buy Disclosure: Held
29 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

FFM

FireFly: Very high-grade infill drill results prove Green Bay is 'exceptional asset'

AW1

American West inks offtake deal – but former hype long forgotten

ASX Market Open: Oz shares to advance on Trump's U-turn Powell backing | July 17

Mandalay Resources unveils promising new high-grade discovery at Björkdal Mine

First 2 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Firstly you raise some good points however... Article Lithium or...

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

FireFly: Very high-grade infill drill results prove Green Bay is 'exceptional asset'

American West inks offtake deal – but former hype long forgotten

ASX Market Open: Oz shares to advance on Trump's U-turn Powell backing | July 17

Mandalay Resources unveils promising new high-grade discovery at Björkdal Mine

Featured News