PLS 2.13% $3.83 pilbara minerals limited

I think lithium companies are a long game. Profits will be made...

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    I think lithium companies are a long game. Profits will be made but patience will be the key. Games will continue to be played. The 100 trillion dollar ICE and the Fossil Fuel industry is not going to let this shift happen easily.

    In addition to the lithium space there is one more interconnected sector IMHO that will make huge profits for the shareholders in the decades to follow and these are the electric utilities.

    These companies are monopolies in the area they operate with significant barriers to entry. Sometimes an outright buyout is the only option for any aspiring operator. Currently they are considered mature companies so they dish out most of their profits as dividends. As electricity demand starts pouring in from EVs they will all have to invest heavily to upgrade infrastructure and increase power generation many many folds over the next decade.

    For EVs to become mainstream electric utilities perhaps hold the key to their success.


    DYOR
 
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