With all the DSO we are shipping the Lithium boom will make Australia immune from rising sea levels.
I always wondered how PLS could claim the start of production in the 2nd Qrt 2018. DSO was the answer. Profit of $34-$50 a ton shipped. They are paying 12%pa on a $100m loan. That's a min 240,000t shipped, just to pay interest. MIN are claiming a cost of $600m to build there spondumene plant, I can see major a capital raising coming for PLS. I bailed at the close yesterday, as always, to early.
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