Patten Energy Solutions Group Inc (PTTN)

[Las Vegas]

Amel will become Google on steroids!
A rising tide lifts all lithium boats!
Amel will be well-positioned when Tesla's Gigafactory helps support market demand for lithium! $$$$$$$$$$$$$$$$$$$$$$$$$$$
From Seeking Alpha:
"Tesla projects the company will sell 500,000 vehicles annually by 2020. A figure that is certainly attainable once the Tesla Gigafactory has been built. This project will become the world's largest lithium-ion battery factory for a price tag of $5 billion. Currently, Tesla is able to produce 600 vehicles per week. By the end of this year, the company expects to bump that figure up to a thousand vehicles per week. The limit in production results from lithium battery production. Since this process is expensive and time consuming, the Gigafactory will be able to increase capacity exponentially. This new plant will be able to produce sufficient lithium-ion batteries to power those 500,000 electric vehicles annually. The company stated, "The Gigafactory is designed to reduce cell costs much faster than the status quo and, by 2020, produce more lithium-ion batteries annually than were produced worldwide in 2013."

"The new Gigafactory from Tesla Motors (TSLA) could consume as much as 17% of the current global lithium output in a development that could ease concerns on oversupply, forecasts Goldman Sachs."