atrb re your last para- Food for thought.... Increasing environmental concern, CO2 quotas, difficulties of delivering oil are going to speed up process of converting to lithium Listen to this video from The Battery Show 2014 about global emissions and regulations which are getting stricter each year.It only means one thing and that is more EV's and Grid Storage. link http://www.thebatteryshow.com/
YES, share keeps moving up or down a little. Let's start from why REM:
1 Biggest discovered lithium clay deposits on Earth. 2 They already have mini plant, easy processing 3 High grade of lithium 4 Easy to make more, to meet the demand. 5 Increasing market. Every major manufacturer has hybrid vehicles in their lineup. Bigger manufacturers such as Toyota have entire lineup of hybrids. In another words things are going electrical, rather than using good old gas. But wait till fully electrical cars such as Tesla to take off. Cellphones are getting bigger with more power demand. The most likely route is increasing batery size. More devices than ever with need of lithium bateries- tablets, watches, laptops, cameras, camcorders, portable power banks, etc.
Now the issues. Tesla haven't completed their plant yet. So at the moment it is upon other car manufacturers to meet customer motoring demands why Tesla is making only a scale of future things.
1There is no full scale production on Bacanora side - big plant as well as big digging operaations are lacking. 2 Since there is no big players that would use lithium in full scale demanding operations lithium demand is current with a production.
Food for thought.... Increasing environmental concern, CO2 quotas, difficulties of delivering oil are going to speed up process of converting to lithium.
I think you and I both should have traded it... Could have made a lot more... This big bomb can only land if we sell our stake to a large company... But until then there could be another trillion times this could be traded to make cash. But yes there is a risk like u say.
This will bounce just a matter of when this pattern has happened 2/3 times over the last few months hindsight i could have made a killing if i traded it. Just dont want to be out of this when the big bomb lands
Mate, two of those trades are from Monday . We have had some big trades both ways and I would suggest that the mm are behaving very well, no big drops or spikes. A constant slip for sure for last couple pf weeks but when we see trading volume pick up we will all smile again.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.