Lots of positives for LI investorsI can see where your coming from, SF, and yes I can empathize with your medium term concern of undersupply. Nevertheless, I see the latter as a positive for PLS with its 40 year abundance of resource, provided we can ramp up production (dig, you -dig). In the world of demand, greed always seems to meet supply with a touch of lag to enhance the price of said commodity.
As to your worry about undersupply slowing the speed of take-up I think that horse has bolted. I point your eagle eye to my Sunday mornings research with the saying: "build it and they will come."
BMW morphs electric flag-ship from car to SUV ahead of 2021 debut. BMW are scrambling to keep up with rivals Mercedes. Audi and Jaguar as the competition heats up in the EV sector. Source: Bloomberg 16/9/2018.
Millions of EV charging points planned for US and Europe by 2025. Two charging companies, Charge Point and EV Box plan to install 3.5 million charging stations to cash in on the expected 37 million electric cars by 2025. Source: Bloomberg 16/9/2018
VW set to produce the iconic VW camper in all electric, called the Buzz, to capture the Baby Boomer retirement market: range 600 kms. It will be on sale in 2022. An electric dose of hippy-era nostalgia. Source: Bloomberg 16/9/2018
The underground mining sector is shaping up to be the biggest occupational health hazard since aspbestos, due to diesel fumes. So the worlds underground mining sector plan to replace or convert all ICEs to electric. Source: ABC (Australia) 16/6/2018.