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Sunday, 01/31/2021 9:18:02 AM

Sunday, January 31, 2021 9:18:02 AM

Post# of 1612
ATAO !! LITHIUM WILL BE THE NEW GASOLINE !!


https://www.proactiveinvestors.com/companies/news/215729/oroplata-resources-to-change-its-name-to-american-battery-metals-corp-215729.html

Craig Alford: Lithium currently has its uses in various industries. However, the greatest growth in demand predicted over the next decade will be the growth in the electric vehicle market. Tesla is opening its Gigafactory this month, here in Nevada, and the current number of new models of cars that it's producing will actually require the worlds’ entire production of lithium. The excitement over their T3 model has really gripped the consumer. Companies like Ford, Chevy and GM have responded in the electric vehicle market. Ford has devoted four point five billion to electric vehicles.

GM now has more than half its designers working on it. Others like Volkswagen, Chevy and now the Faraday plant in Las Vegas will be producing electric vehicles. I think we are seeing a tipping point, where in the next few years we're going to see common usage of electric vehicles, worldwide.

Some governments like California have come out with legislation, where they have sort of mandated the use of alternative fuel vehicles on the road.

There'll be all sorts of new standards, by 2025, in the United States, Europe. Goldman Sachs published a report titled, “What if I told you”. One of their key highlights is, “What if I told you lithium would be the new gasoline?” There's a link on our website to the Goldman Sachs article.

I think it will also be the social issues that will change the consumer rather than a pure necessity to change. A love for the idea of a vehicle with such a low environmental impact. So, I think we are going to see a massive demand for Lithium.

I KNOW WHAT IM DOING ! HOPE YOU DO ! BUT DONT ASK ME !!