Yeah, it could be a bit toppy, has been a brilliant run over past 3 months, however lithium prices have been moving up since end of August 2020, with battery grade chems now above September 2019 pricing.
EV and ESS deployments booming globally, creating more demand, market getting tighter, in turn prices continue to rise, etc, etc
So, you don't think the lithium in the ground on AJM's property is worth $200 mill. Note that PLS are leaving AJM plant in C&M until lithium prices are at acceptable levels. Still about 50kt of capacity in the PLS plant, so why on earth do you think PLS should run both plants. That tells me, you are behind on your research.....
When is $2,00 Party ?, page-45
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Last
$3.07 |
Change
0.090(3.02%) |
Mkt cap ! $9.197B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.09 | $3.02 | $74.82M | 24.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 10000 | 1 |
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| PLS (ASX) Chart |