RE: did you see that ?2 Oct 2018 19:52
Baring a catastrophic event like another financial crisis this will make us all a lot of money. Every indicator other than our share price is positive, even the impeding $100 a barrel of oil is positive for us as it drives more people into EVs.
Despite short-term gyrations, the outlook for lithium continues to shine. Electric mobility is still only in its infancy. Revolutionizing how we commute and power our lives, the inevitable tsunami of electric vehicles and burgeoning demand for energy grid storage are driving lithium demand for the foreseeable future.
Taken from an article doing the rounds today:
The electric revolution is still in its infancy.
Lithium demand expected to triple in next seven years.
Lithium stocks could surge with demand.
Junior miners offer big upside potential.
Anticipation of an exponential increase of electric vehicles coupled with expanding demand for lithium-ion (L-ion) batteries drove the lithium mining sector to reach all-time highs last year. Lithium shares swooned at the beginning of 2018 on a negative oversupply forecast by Morgan Stanley analysts. That forecast has since been widely debunked by a broad range of lithium industry experts and given only a 1 percent chance of happening. As the world inexorably advances into the new electric power paradigm, the lithium sector should experience an excellent decade and produce outsized returns. Demand for raw battery materials continues to grow at an unprecedented pace, and lithium miners could easily rack up further gains and reach new highs.
Hold tight and if you believe BA will bring this into production then add to your holdings.
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