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Great read as ever! "Lithium Miner News For The Month Of February 2017" (Feb.27.17) http://seekingalpha.com/article/4050011-lithium-miner-news-month-february-2017 === My conclusions are: China knows the EV boom is coming, as they are driving it. The battery manufacturers know it is coming also. See below. The smart money knows the EV boom is coming. ... Whichever way you look at it if EV sales take off in 2017 and we move rapidly to around 8% of new car sales being EVs by 2020, then we will need every tonne of lithium that the lithium miners can produce, and supply shortfalls may be common place. ... Dr. David Deak's presentation on lithium demand was also very interesting, and a must read for serious lithium investors. His demand expectations are well above the experts, particularly as he sees a faster and full transition to electric vehicles (EVs). I also think the experts are underestimating the demand side. === Probably the best summary he has done to date. Shame he didn't pick up on BCN's Zinnwald Lithium Project news, but at least he acknowledged that last month he slightly under-reported European Metals resource. Also, I find it a bit odd that the forecasts for lithium demand remain focussed on EV's, when in fact stationary storage, driven by the Solar boom, will likely be comparable if not greater by 2025. Nice table: "Lithium demand forecasts by the experts (ktpa LCE)". Hope he keeps adding to it. Perhaps we should encourage Tony Seba to contribute? ;-) Supply is almost certainly going to be short, and it'll be critical to the business plans being forged today that Lithium is able to be procured at reasonable prices. Therefore I'd be extremely surprised if we aren't currently in negotiations with the battery companies to strike a deal involving our lithium pies. Secure supplies. Early! Of course I still wonder about Tesla. Just where are they supposed to procure the volumes they will need at prices which don't break their business model? Presumably sub $6,000/t LCE. If it isn't us, then it'll be someone else, and that is a lot of lithium sucked out of the supply side. Perhaps: "Salton Sea geothermal plant would use lithium tech that caught Tesla's eye" (Feb. 10, 2017) http://www.desertsun.com/story/tech/science/energy/2017/02/10/salton-sea-geothermal-plant-would-use-lithium-tech-caught-teslas-eye/97743092/ === Critically, Alger officials say they've secured financing to build a full-scale lithium plant - and a 10-year contract to sell the lithium, in huge quantities that would reshape global lithium markets. The contract is with TZK Ventures, which itself is a partnership between Talon Technologies Group, a Washington, D.C.-based technology firm, and China-ZK, a state-owned energy company in China. === I'd wager we are looking very attractive at the moment - especially to European gigafactories! Ob.
thanks, observer842, very interesting range of forecasts, I wish I was a fly on the wall during this conversation - German chancellor lobbies China over EV quotas http://www.autonewschina.com/en/more.asp?c=0
@Dallas - re your BCN comment just now - you thinking BCN have lost out to this? (which I note you first noted a few weeks back!)
@Obs...just egging our BCN buddies on to harass their BOD's ;-)
@obs....what's also quite interesting this year.....there are a couple of hedge funds with macro investment strategies .....if successful may have raised circa $2billion between them for investments.......with some funds going into the industrials & tech sectors.......