PLL 0.00% 11.5¢ piedmont lithium inc.

PLL General Discussion, page-857

  1. 10,990 Posts.
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    But that's the point right. Pick a convenient time for the comparison. Look on the bright side. We raised at $68.40 - so its a premium now.

    Yes, AToW Lithium producers & near producers particularly hard hit. ALB and LTHM down over 10%, SQM down 8%, LAC down 7%, SGML down only 4%. Junior explorers (in Canada) not getting crushed anywhere near as much.

    Its never a straight line and there are other factors to consider - like the USD (unless you are German) and the economic factors of the economy. I'm not overly concerned but there the non company specific (economic) factors are not favorable at present. This too shall pass as the secular changes win over time.

    This might be a dip worth buying more (but not PLL or its partners for me as I believe I'm holding full positions from last dip). The world remains "short lithium" as in not enough and not sell as oversupply is coming. Lithium's definitely a "demand driven" market presently - and "artifically" stimulated by Gov't/ESG motivations (yes reflective of most population so that's good) but that does have downside aspects too.

    Guess it will be another exciting week coming up.
 
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