Re: does anyone here believe LAC goes above $20 by end of year?
in response to
by
posted on
Sep 02, 2020 04:11PM
Thanks, Cal. I actually haven't left yet. Going to New Orleans for a couple of weeks starting this week end. Just trying to get last minute tasks done. I agree with your view. Looking for a pullback some more if all the speculation re: LAC-Tesla busts, but at some point in the not too distant future I expect to see LAC take on a financial partner or partners in re: Thacker Pass. Thacker Pass just has too much potential not to be on the radar of multiple possible financial entities, especially in view of the positive outlook "eventually" re: Lithium Demand vs Supply.
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"One thing is clear: in the next decade, lithium-ion batteries, with all their further enhancements, will remain the dominant technology. “Progress will be evolutionary, not revolutionary,” says Sauer. “I do not expect any great leaps forward as the limits of the laws of nature are already being probed as we speak.” Which isn’t necessarily a bad thing: “The characteristics of this technology are too good to be replaced by anything else. Electromobility is already working very well with what batteries can deliver today and the potential for further development in the coming years,” emphasizes Sauer.
The solid state battery is expected to bring progress in terms of fast charging and safety. In this case, a polymer or ceramic is used instead of the liquid electrolyte. Since no liquid is used, the batteries become more compact, which allows their energy density to be increased significantly. At the same time, the cells are less flammable.
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The paragraphs immediately above com from an article I recently posted on Off Topic Forum
See the article I posted on the Off Topic Forum titled: