Separating Hype from Reality in the Lithium Ion Boom
PDAC Toronto, Ontario Chris Berry March 6, 2016
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My email: cberry@house-mountain.com
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@cberry1
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What was the Great Game? What are the forces at work in energy evolution? What is truth and what is fiction?
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The commodity super cycle is over
China growth adjustment is slow and painful Huge leverage overhang and need to de-lever Sluggish global growth prospects 3/8/2016
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Source: BNEF
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PRICE IS NOT THE MOST IMPORTANT FACTOR Can a company meet or beat the producer’s low cost of production?
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IS A BINDING OFF TAKE IN PLACE? ARE THE PARTNERS LEGIT?
This is an absolute necessity.
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HOW DEPENDENT IS CHINA ON DEMAND? “Later cycle” commodities are better positioned. eg: lithium, cobalt, scandium
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KEEP AN EYE ON TECHNOLOGY New battery chemistries are emerging all the time. Will lithium ion be the eventual winner? The jury is still out. 3/8/2016
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www.discoveryinvesting.com My email: cberry@house-mountain.com
@cberry1
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The material herein is for informational purposes only and is not intended to and does not constitute the rendering of investment advice or the solicitation of an offer to buy securities. The foregoing discussion contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The Act). In particular when used in the preceding discussion the words “plan,� confident that, believe, scheduled, expect, or intend to, and similar conditional expressions are intended to identify forward-looking statements subject to the safe harbor created by the ACT. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward looking statements. Such risks and uncertainties include, but are not limited to; future events and financial performance of an investment which are inherently uncertain and actual events and / or results may differ materially. In addition from time to time I discuss investments that are not registered in the U.S. or Canada. In no way, shape, or form are discussions of companies here meant as recommendations to buy or sell securities. I own no shares in any of the companies mentioned. You absolutely must perform your own due diligence and consult your financial advisor before considering investing in companies discussed this presentation. Data derived from various sources including the IMF, IEA, EIA, World Bank, Bloomberg, the Economist.
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