PLS in Comparison to Australia Lithium Stocks, page-50

I agree Kyiap.  PLS need to pull their finger out if they want to catch the wave here.  The ramping up process has begun across the sector, PLS is still in a neither here-nor-there position.  Entering production behind a bunch of global competitors, when supply side growth moves into a surplus scenario, is not to PLS's advantage.





As can be seen in the graph above, my biggest fear for the lithium sector is a price crash once all the brine ramp ups come online - SQM, ALB, FMC, possibly Galaxy's Sal da Vida project, and the others I don't even know.  Unless Li prices stay elevated, it's going to be an uphill battle for hard rock producers to stay cost competitive with brine producers.  Brine is simply too cheap.  I'm not saying that to be contentious, i'm saying it because it's a very relevant threat to the fiscal potential, the share price potential, of PLS, and similar hard rock players.