PLS 1.37% $2.88 pilbara minerals limited

BMW Mining Deal, page-165

  1. 3,123 Posts.
    lightbulb Created with Sketch. 998
    Wow, there are some BS postings we got here today.

    With Lithium TODAY, it's not about the "quality" of the Lithium but all about "quantity" of the Lithium.

    Brine is not better than Hard rock, it's just cheaper to make into Lithium battery. Brine cost about US$8K per ton and equivalent Hard rock cost about US$12.5k per ton.

    Currently Top 4 Producers (3 Brine and 1 Hard rock) accounts for 90% of the Lithium Production and it's 60:40 Brine: Hard rock.

    Brine is not easy to mine therefore Hard rock, although cost more, will make up the short fall in Lithium, and since PLS will be one of the lowest cost hard rock producers, I don't see why people need to worry about PLS (which they don't own as well, hehe).

    DYOR.
    Frank.
 
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