Australia's largest stock trading and investment forum Australia's #1 stock forum

LRS

Click for more information

8.51%

25.5¢ latin resources limited

My understanding is Solid State Batteries still need Lithium,...

First 17516 Last

Share
Profile

Follow
cophot

2,471 Posts.

343

26/04/24

18:22

Post #: 73530228
Share

Originally posted by Dyno: ↑

I think the present downturn in EV sales may force the establishment of Solid State lithium batteries.

The USA has lit the world on fire and that has taken the steam out of the last run, with debts mounting in the West, the key market for EV's

Hopefully the current dementia riddled president of USA will be tossed out soon, and the world can return to peace, and rebuild prosperity.

The Automotive industry has invested A LOT to date and are now suffering somewhat against the ICE vehicles which folks are running to, to keep from investing in EV's during this time of global inflation/ accelerating living costs. They want to preserve the little cash they have left, therefore EV's are on the chopping block, so are home batteries, etc.

The solid state battery may change this significantly by vastly increasing the range of an EV, to the point where range anxiety and vehicle costs per mile may improve significantly.

The Chinese are also turning up the heat with some pretty good EV's being released lately, and at competitive price points.

People want better bang for their buck right now.

Expand

My understanding is Solid State Batteries still need Lithium, maybe not the same amount???

LRS Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 94 more messages in this thread...

First 17516 Last

Add LRS (ASX) to my watchlist

(20min delay)
Last 25.5¢		Change 0.020(8.51%)		Mkt cap ! $707.8M

Open	High	Low	Value	Volume
23.0¢	26.0¢	23.0¢	$2.287M	9.186M

Buyers (Bids)

No.	Vol.	Price($)
80	1030241	25.0¢

Sellers (Offers)

Price($)	Vol.	No.
25.5¢	806621	20

View Market Depth

No.	Vol.	Price($)
78	1032415	0.250
28	580661	0.245
15	389143	0.240
13	295762	0.235
17	445747	0.230

Price($)	Vol.	No.
0.255	828795	21
0.260	2148282	34
0.265	423826	14
0.270	1520214	13
0.275	857690	19

Last trade - 13.25pm 07/05/2024 (20 minute delay)


Last 25.3¢			Change 0.020 ( 8.93 %)
Open	High		Low	Volume
23.5¢	26.0¢		23.5¢	3001496
Last updated 13.29pm 07/05/2024 ?

LRS (ASX) Chart

SPONSORED BY