Neo Lithium Corp NTTHF

Metals & Mining Industrial Metals & Minerals

Neo Lithium Corp is engaged in the business of exploration operations. Its principal business activities are the exploration and development of resource properties. Its project includes the 3Q project. It operates its business in the countries like Canada and Argentina, however, most of the revenue is generated from Canada.

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Neo Lithium Corp > Surge in electric vehicle sales power lithium prices

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Comment by neoscepticon Sep 14, 2021 8:23am

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Post# 33853917

RE:RE:Surge in electric vehicle sales power lithium prices

RuudinFrance wrote: The higher the sales (EV), the larger the risk for grid failures :-)
Unhappy EV owners will decrease speed of sales.

Most forecasts will not be met.
However, governments should be kept happy until "force majeur" may be claimed.

Nothing is ready for the suggested rollout of EV numbers.

Most likely they will find out too late and we'll have cashed the largest part :-)

Not pessimistic, only the optimism in the (western-) world is unreal.

Have fun.

Bitcoin only one of many, though major cryptocurrency consumes 0.6% of world electricity adding next to nothing to economy. That is 130 Terawatts hours.

Maybe we should question such wastes before shutting down EV revolution.

https://techcrunch.com/2021/03/21/the-debate-about-cryptocurrency-and-energy-consumption/

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