PLS 5.74% $3.12 pilbara minerals limited

re:Lithium demand surge, page-2651

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    According to the latest data from Bloomberg NEF, electric vehicles might be cheaper in the EU than their combustion engine counterparts by as early as 2022. The previous estimate was 2026 just two years ago. Source: Bloomberg 9/7/2019

    So there's a good example of just how fast this tech is moving, and that by all accounts the lynch pin of mass adoption - car price parity with ICE. So when I continue to here, what I believe is spurious predictions of lithium over supply, well it just doesn't jell.

    Again I say: Supply has limitations based on the currant and near future output of producing mines, whilst demand will continue to accelerate exponentially for the next hundred years and beyond. Like the oil market, glitches will come and glitches will go, but their is no denying that lithium and other battery metals will be the fuel of the future. And as the above example shows, it will progress at a faster rate than any (so called) experts and self appointed guru's can predict.

    All in my opinion
 
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