They do have a strong foot hold I agree.
However, all the points mentioned are relevant... for PLS
I wasn't actually thinking of the Chinese.
In fact I don't even get it.
With up to 40% of spodumene processing capacity in China sitting idle.
Ship to Malaysia, process there, then ship to China makes what sense?
What, they don't think that when China has this under control they can't slap a huge import tariff on our spodumene so their locals kill it.
Maybe PLS just looked for a quick fix but I can't for the life of me understand the Chinese interest in it.
e-scooters are going to be amazing in future.
Getting in with a hungry government that is looking for new technology and believe it or not love quality and hate Chinese crap could be amazing if they could pull it off together.
Ann: Update on Product Offtake-PLS.AX, page-311
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Last
$3.16 |
Change
-0.030(0.94%) |
Mkt cap ! $9.516B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.19 | $3.06 | $50.14M | 15.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49357 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 74794 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |