Throughout 2017 nearly all automakers announced their plans to introduce electric vehicles with initial releases slated for as early as 2018. This was a clear indication that this lithium cycle would generate long-term demand compared to the lithium boom of 2012, where demand failed to materialize. Given the robust outlook for lithium demand, in the fall of 2017 I began to closely follow Advantage Lithium's (AVLIF) exploration in the Cauchari basin. New demand for electric vehicles and energy storage systems will ensure that demand for lithium chemicals continues to rise over the next