OTCQX:AVLIF - Post by User
Comment by
100KInvestorEHon Mar 08, 2018 1:59pm
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Post# 27685040
RE:RE:RE:Super Quick Video about Advantage Lithium
RE:RE:RE:Super Quick Video about Advantage LithiumTowards the end of the video (1:20) David Sidoo states "then we will determine how big of a processing facility Advantage is going to build". I see lithium prices high for at least 10 years before new recycling processes begin to help bring down battery costs (ex American Magenese Inc (AMY)). Some may say that new battery technologies will be introduced to reduce the use of lithium (see Goodenough solid-state battery) but lithium will be used in that battery because it will have a better supply and many government incentives to back its use (versus sodium/potassium). Regardless, any new battery technology will take time to mass produce.
In my opinion, it makes more sense for AAL to build a massive plant and partner with a major automobile supplier as it will allow the supplier to fix the cost of lithium between 2020 and 2025. Demand will outweight supply during this time period.
AAL wants to setup this property for sale within the next year or so. I hope we are allowed to profit from the production of Lithium on this processing plant because it will produce at the lowest cost of anyone in the world.
These are my thoughts.