Member Info for TrickyDicky2

"So what is the cash burn....." A lot.

".....what assets have been sold....." Many

"..... and when is the placement coming?" Soon

That's just a guess mind you.

TDT

EVs November - 414,368 Global

EVs YTD - 2,544,269 Global

A bumper month for November despite the virus. Another bumper month in December will take the annual total up to 3m or 35.8% up on 2019. Given current circumstances that's impressive. Once the virus has been brought under control EV uptake will accelerate (pun intended).

Happy New Year one and all.

TDT

The presentation the Northern Miner article is based on is more informative.

https://www.glencore.com/dam/jcr:0def78aa-e2f1-40b6-b300-dbcfc1b2461a/20201204-GLEN-2020-Investor-Update-.pdf

TDT

Key summary points

Nickel market to turn deficit from 2021, bullish outlook on nickel prices.

We expect nickel prices to head up towards US$20,000/tonne due to a deficit in Class I nickel.

Faster-than-expected growth of electric vehicles, a strong driver of nickel demand growth.

Nickel demand from EV batteries will grow at 32% CAGR in 2019-2030.

We forecast total nickel demand to grow at 4.1% and 5.0% CAGR by 2025 and 2030, respectively.

https://www.dbs.com/in/corporate/aics/templatedata/article/generic/data/en/GR/102020/201021_insights_nickel_battery.xml

TDT

Ivan Glasenberg

"Nickel production, which grew at a rate of 111,000 tonnes per year between 2010 and 2019 will have to pick up to 225,000 tonnes per year over the next thirty years..."

"Global nickel production will have to grow from the 2.5 million tonnes consumed a year currently to 9.2 million tonnes by mid-century...."

https://www.northernminer.com/editorial/demand-for-energy-metals-will-be-massive-glencore-ceo-says/1003826505/

TDT

Record month - 166,255
YTD - 1,085,379

TDT

Record Month

"If the overall Chinese market is slowly picking up (+12% YoY), plugins are already on the fast lane, growing by 138% YoY in November, to a record 198,066 units, and this time PHEVs grew faster (+164%), than BEVs (+134%), but despite this uptick from plugin hybrids, BEVs still own 80% of the market."

"Last month, plugin share reached a record 8.6% (7.2% BEV), pulling the 2020 share to 5.9% (4.7% BEV), a half percent increase that has finally pulled over the 2019 result of 5.5%, and with December set to establish yet another record score, expect the final PEV share to end North of the 6% mark, but this is only the beginning, as next year we should see a few two digit monthly shares, preparing the disruption to finally set in by 2022...In the largest automotive market in the World."

"And once we get to that point, then it's time over for ICE."

TDT