RE:RE:RE:RE:RE:RE:RE:RE:RE:Benzinga Presentation SIMPLICITI1 wrote: The BEV market is long lead time with OEM's making battery tech investments well ahead of their implementation in vehicles. This is usually measured in years (3 to 5) and begins AFTER the battery tech companies have gone some distance in proving out their tech.
This takes considerable sums of CASH which means that much more capital will need to be raised by GMG before any sort of BEV commercialization can occur.
Check out this website, for an example of what it took for this company to get to the point where an OEM did a deal. And FWIW, the tech from this private company is achieving 1000KM range (on the road)
https://prologium.com/
I think GMG has lots of potential, just not sure about their structure as public markets is not representative of patient money.
GLTA
Yes, you are right, BEV or like graphene battery is not nearly here. Mass production would need considerable captial too. I do not expect GMG to become independent leader in this segment. If it happened, the captialization would reach 50-100B.
I think present market is actually very patient to companies that promise to revolutionize an industry. Amazon did not get any profit until recently, but it market cap was through the roof for awhile.
Same with biotech - milestones, now as important as sales or profit in the past.
Tech companies resemble mining ones, lag between discovery and production can be easiliy 20 years, but ones with big discoveries able to raise capital, form JV....Capitalization also reflect milstones.
GMG have some edge, it can raise capital with sales of developed products. Licensing to Bosch pouch battery and organizing 3d party production its chemical brach, for ex. If it happened, share prices will go up and they can raise $ on capital market with min. dilution for futher BEV development.
Speed of development can vary greatly between seemingly equial product. Li - will always be slow, because Lithium is an explosive material. Relative simplicity of graphene - Al battery and its cost can speed up process, but also invite competitors.
Prove of concept is crucial now. As soon as it is done, GMG potential will compound. Market love leaders.