WFE 0.00% 2.4¢ winmar resources limited

Ann: Winmar to seek Dual Listing on London Stock Exchange, page-143

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  1. cfp
    2,919 Posts.
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    Hi vic, I think 5 years is a minimum personally, when you look at Tesla in 2011 they never delivered one EV yet expect to deliver 500K by the end of 2019, eventually we will be cobalt and lithium free as new technology takes over but it's years away, don't forget that Panasonic said they were going cobalt free and then admitted they were going to up there cobalt use by 300%, perhaps a little gamesmanship there, EV car manufacturers need between 5Kg and 30Kg per car battery, they would like this reduced to make EVs price competitive with ICE, in saying that over the next 5-10 years they will find ways of reducing cobalt and currently there is nothing to replace cobalt, in the mean time Cobalt will remain the primary stabilising agent
 
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