Good take away. I think it's a mixture of a lot of things.
Financing has only been able to freely flow into the sector for the past 12 months. To then construct and ramp up - going to take longer than 12 months - as we all well know as PLS investors.
Obviously skills shortage in WA atm is a big thing for miners there.
And the main one being I don't think anyone expected the ferocity of how prices would explode in the last 3 months or so (across the board: spod, carb, hydroxide). Most BOD's would have delayed expansion decisions to wait for higher prices. However due to the ferocious nature of the market atm, those decisions (in hindsight) should have mostly been given the green light 3 months ago. Then again have to finance, construct and ramp...
Throw in uncertainties of interest rates, WW3, recent market fluctuations etc etc
One things for certain - this lithium deficit going to hang around for a while yet.
- Forums
- ASX - By Stock
- PLS
- Good News & Bad News
Good News & Bad News, page-8302
-
- There are more pages in this discussion • 36,857 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
|
|||||
Last
$2.88 |
Change
-0.020(0.69%) |
Mkt cap ! $8.671B |
Open | High | Low | Value | Volume |
$2.87 | $2.93 | $2.84 | $50.85M | 17.65M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $2.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.88 | 179945 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 37014 | 2.860 |
13 | 102725 | 2.850 |
18 | 728581 | 2.840 |
9 | 291841 | 2.830 |
13 | 367653 | 2.820 |
Price($) | Vol. | No. |
---|---|---|
2.880 | 179945 | 5 |
2.890 | 82500 | 7 |
2.900 | 303371 | 11 |
2.910 | 223362 | 8 |
2.920 | 274417 | 18 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |