GXY 0.00% $5.28 galaxy resources limited

Oversupply the market hey..?? Perhaps you need to run your...

  1. 14,142 Posts.
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    Oversupply the market hey..??

    Perhaps you need to run your numbers again, I think you left off a zero somewhere.

    My numbers show that within about the next 10 years, we are going to be requiring upwards of 1.5 million tonnes of LCE per year. That conservatively assumes only 30% penetration of vehicle sales by EVs in 2030 at 50kg of LCE per vehicle.
    By 2025, at least another 250ktpa on top of what's produced today. That will feed a measly 10% of vehicles sales. 7 years out.
    250. thousand. tonnes. LCE. per. year.

    Oversupply the market hey..??
    They must be planning a rather large operation.

    LOL

    Nice cross promo by the way.

    LOL
 
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