PEX 4.17% 11.5¢ peel mining limited

EV’s & Various Metals Demand

  1. 1,739 Posts.
    lightbulb Created with Sketch. 166
    Hi All

    https://unauthorised investment adv...ars-on-the-road-to-be-electric-in-five-years/

    Article is interesting re; Indian EV’s trends and includes reference to needed Cu but not Zinc however EV’s use Zn for metal coating protection and despite the noise incessant about lithium, I’ve often read articles that lithium is risky being flammable, whereas Zn batteries are safer and technically very good & reliable.

    It’s also interesting listening to all the who har from Trump land about tariffs the so called trade wars.
    I believe it’s inevitable balance must be found, as the USD escalates relative to most other currencies, it must re-regulate (political pressure will build) as they will have fewer affording to buy their exports, without a lowering of their $$!.

    So I’m suggesting commodities will rebound in due course, one trusts as we get producing..
    albeit it’s quite a task to see wood from the trees as there’s so much written re; opinions contrary ones, about demand supply and consumption of metals, that the head spins about whom is expert and correct predicting reliably, the real nett metals demand.

    I am pleased Peel has in most projects “polymetal” a good grade & variety of base & precious stuff available to mine so an enhancing in viability and profitability.
    Before you chew my a about EV’s solving any metal supply demand matters it’s only a bit of fun, part of the larger intriguing puzzle, so just chill.

    My two bobs worth, so any lucid thoughts people?.

    Sarg
 
watchlist Created with Sketch. Add PEX (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
-0.005(4.17%)
Mkt cap ! $63.91M
Open High Low Value Volume
11.5¢ 11.5¢ 11.5¢ $11.37K 98.94K

Buyers (Bids)

No. Vol. Price($)
1 89603 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 113500 3
View Market Depth
Last trade - 15.48pm 29/11/2024 (20 minute delay) ?
PEX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.