Also worth noting. Posco board meeting is likely this weekend....

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sf120

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22/03/19

12:44

Post #: 37852077
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Originally posted by sf120: ↑

Honda's first is expected be on sale this year. I got to say, that is a beautiful design

https://www.theverge.com/2019/3/5/18251251/honda-e-prototype-price-release-date-photos-geneva-motor-show-2019

Then we have China E Bus fleet a bigger threat to Oil than Telsa?

https://www.bloomberg.com/news/articles/2019-03-19/forget-tesla-it-s-china-s-e-buses-that-are-denting-oil-demand

The reality today is all of the lithium automtove demand is based on 1 car - Tesla and a few other minors... this segment is 9% of all Lithium usage.

The battery component, well we know electronics are everywhere and they all need batteries. So that alone is going to keep demand up.

But the automotive part is huge! This year there are so many models being announced - Circa 40? https://wattev2buy.com/complete-list-2019-ev-models-best-electric-vehicle-buy/

On top of that virtually every manufacture has models out. Car demand is as much as the car as it is the brand , the distribution, the dealer channels, the showrooms, the manufacturing. These are what slowed Tesla but will not slow other manufactures.

Brand Loyalty and Dealer Locations are key to Car Sales. This is pre-existing with every other manufacturer

So that begs the question,

So can LCE price go any lower? We have already seen it finding higher prices outside of China so its clearly not up to the Chinese.

Can supply keep up? 2018 was a bad year for miners, funding was not released, deals were not done. There is no magical way to build up the supply needed to meet this demand.

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Also worth noting. Posco board meeting is likely this weekend. Perhaps they are now ready with their off take investment?

GXY Price at posting: $2.01 Sentiment: Buy Disclosure: Held
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Also worth noting. Posco board meeting is likely this weekend....

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