WR1 1.05% 48.0¢ winsome resources limited

Approx 1.5b cars in the world, all have a use-by date.87m cars...

  1. BAU
    2,822 Posts.
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    Approx 1.5b cars in the world, all have a use-by date.

    87m cars sold in 2023, projections that 40% of all 2030 sales will be EVs which equates to 35m EV's (based on 2023 figures so sales likely to a bit higher by 2030).

    And there is every change that the uptake of EV's happens faster than predicted, the Supply/Demand equation will change, and as stated by Chris Ellison from MIN when it happens the Li price will turn pretty fast.

    Wr1 in production circa 2027/28 looks like good timing to me.
    Last edited by BAU: 08/01/24
 
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