RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Looks like a feeding frenzyRecently everydays have big announcements in EVs, I'm thinking about Germany, France, UK, Italy and South Korea with their billions. California with greener heavy transport regulations. The OEMs too, with their deals for batteries like Tesla, BMW and Honda . The expected wave of new models that will hit the market soon: VW I.D3 (could be the new people car) , BMW IX3 , Rivian R1T (this one is gonna be special as the first electric pick-up), Lucid Air, Ford Mach-e ( first to maybe have a range comparable to a Tesla) and the Nissan Ariya to only name these ones ! It's an exciting moment to be in the surest lithium play as Roskill believes! The '21-'23 turning point for lithium supply is coming fast and we should have a news coming in the next months if they want to be part of the new producters in time!
Chris Berry forecast 2022 :
[url=https://]https://www.youtube.com/watch?v=T9of5g10tLs&feature=youtu.be[/url]
Rodney Hooper 2021 for LiOH and 2023 BG LiCO : [url=https://www.linkedin.com/feed/update/urn:li:activity:6686258709250797568/][/url]
Simon Moores and Vivas Kumaar : Li investment need to grow ... from 460 GWh to 2,4 TWh in 2030 ... is never gonna catch up! :
[url=https://]https://ark-invest.com/podcast/ep72-battery-supply-chain/[/url]
and our own expert Troy Brooks ( aka LiarNPV oops... LithiumNPV ):
LithiumNPV wrote:Lithium Carbonate Equivalent (LCE) is $22,000 right now (but much higher than this in China). If it only costs $2,000/t to extract that's almost $20,000 profit/t. In light of this any capital costs are miniscule. Since lithium only takes up 2% of the cost of a battery, LCE could easily go to $50,000 or higher and would have little impact on the price of the battery. But let's be conservative in our estimates.
$20,000/t x 4 million tonnes (end result, conservative estimate) = $80 billion profit stream over ther life of the salar.
4 million t/yr x 75,000t/year = 53.3 years of production.
Discount rate = 8%.
75,000t/yr x $20,000/t = $1.5 bilion profits/yr.
The net present value (NPV) is $1.8 billion / 100,000,000 shares (more than the number of current shares) = $180/share right now!!!
The current share price could be as high as $180.
As the years fruition the price could be $500 or $1000 as each year keeps bringing in $1.5 billion in profits to discount on a cash flow basis.
That is no small chump change. Basically, a smart investor need not do any with his investment to the year 2030 or 2040. Keep holding on and not pay capital gains tax.
This is a once in a lifetime investment. Few investments in history can compare.
Then he sold at 1.30 $ . ;)
Enjoy the waiting !