Management, page-56

If the soon-to-come Turesi drilling indicates any signs of even average lithium grades, then our fun begins.
Why?
the GPP-Turesi might catch attention of Toyota,BMW, VW or one of ten China EV or battery producers.

(Big brokers such as Goldman S and Morgan S are talking down lithium demands.
Why?
So they and their clients with LT view can buy into producers at cheap entry price.
Oldest tricks in town.
They are no No difference to internet trolls - paid or not paid - some by number of posts, other by the hours)

Industry-player see a different pictures to brokers with own agendas:



China's EV Standardization Plans to Boost Lithium Demand | INN
https://investingnews.com/.../lithium.../chinas-ev-standardization-plans-boost-lithium-...

Mar 27, 2018 - screen-shot-2018-02-08-at-12-41-. China is working on improving standardization in its electric vehicle (EV) industry to continue to fight pollution and set guidelines that could be adopted worldwide. The government will focus its efforts on recharging, battery design and fuel consumption,


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The Breakneck Rise of China's Colossus of Electric-Car Batteries ...
https://www.bloomberg.com/.../2018.../the-breakneck-rise-of-china-s-colossus-of-elec...
Jan 31, 2018 - Contemporary Amperex Technology Ltd., or CATL, already sells the most batteries to the biggest electric-vehicle makers in the biggest EV market: China


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Lithium next German power play? - Automotive News Europe
europe.autonews.com/article/20170328/BLOG15/.../lithium-next-german-power-play...

Mar 28, 2017 - BMW, Daimler and Volkswagen came together to acquire Nokia's HERE high-definition mapping unit in 2015, and they combined efforts when deciding to build an ultrafast charging network for electric vehicles in Europe. So will the German companies join forces to secure a sufficient supply of lithium


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BMW Sees 10-Fold Jump in Its Need for Battery Materials by 2025 ...
https://www.bloomberg.com/.../bmw-sees-10-fold-jump-in-its-need-for-battery-materi...

Dec 15, 2017 - BMW AG's needs for car-battery raw materials such as cobalt and lithium will surge 10-fold by the middle of the next decade, pushing the German carmaker increasingly to forge long-term deals as shortages loom. Purchase contracts with five- to 10-year time frames are close to being completed,

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Volkswagen reveals the real cost of going electric - motoring.com.au
https://www.motoring.com.au › News

Sep 12, 2017 - Toyota has bought up lithium mines in Bolivia, while Volkswagen has hedged its battery costs and supply lines with long-term deals spread across a number of suppliers. “The cost of ... We only buy the cells and we have different suppliers because we cannot depend on just one for a million cars.


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• Projection total lithium demand globally 2025 | Statistic
https://www.statista.com › Chemicals & Resources › Mining, Metals & Minerals

In 2025, the total demand for lithium is expected to reach 422,614 metric tons of lithium carbonate equivalent. Increases in battery demand will be a strong driver of lithium consumption in the near future, but producers are currently limited in their ability to match demands.

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Lithium glut? No way, say industry executives eyeing demand - Reuters
https://www.reuters.com/...lithium/lithium-glut-no-way-say-industry-executives-eyein...

Feb 27, 2018 - Forecasts for a glut in lithium, a major ingredient in rechargeable batteries for electric vehicles, fail to account for strong demand and how complicated it is to process and mine, industry executives and analysts said.


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