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Not looking good for lithium stocks, page-109

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Grizzle1

1,553 Posts.

461

06/12/19

09:37

Post #: 41828554
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Originally posted by GCar ↑

FUD:

the cost of an EV has to rise.

BS!!!!!!

FACT:

The costs of battery cells and battery packs continues to decline. Even in the 2016-2017 period where Li “prices” grew by 100-200%, battery costs continued to decline.
We have been over this many times.
In fact, at the current rate of battery pack cost decline, a doubling of Li “price” would be offset in less than 12 months.

Your “logic” is absolutely flawed, it has been shown clearly, yet you continue to spout it even after it has been proven FUD.
You need to revisit the concept and commentary about EV tipping point. It is all based on continued cost REDUCTIONS.
“the cost of an EV has to rise“ is absolute BS and you know it. Explain yourself, in detail.

Btw “I tend to ignore future visions” is an interesting comment, since any investment is based on some assessment of what may unfold in the FUTURE.
Ignoring “future visions” and the associated assumptions and analyses...? Nice strategy!
But you also don’t mind telling us all about your “future visions”? Should we tend to ignore those too? Wow!?

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GXY Price at posting: 86.0¢ Sentiment: None Disclosure: Not Held
6 Upvote

2 Great analysis

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