Yep. Lots of opinions about where the lithium prices will be in 2 years, 5 years, 10 years or whenever by some very clever people. However if PLS can max out at these extraordinary prices for just 12 to 18 months the company will be in an enviable position. We could be:
1.Debt free.
2. Posco jv contribution for 30% share paid.
3. Calix midstream plant/s and commercialisation costs paid.
4. Required site works whatever they be undertaken and paid for. Etc....
Puts us in very competitive position compared to those that are going to miss these highs if that is what happens and are building out in the current cost and labour environment. As KB said yesterday if you are going to invest in lithium you should invest in PLS.
Good News & Bad News, page-8470
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$3.00 |
Change
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Mkt cap ! $9.034B | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.20 | $2.98 | $96.27M | 31.24M |
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