Not when the SP will come close to $10 once the JV's, downstream and P1000 are fully commissioned in the next couple years. Add in a supply deficit around the same time and voila! Anyone that sells now due to jitters isnt really a long holder.
Grab something to bite, bear down and hold on for the short squeeze and upcoming SP increase all the way to $10 or so (at least).
All the new resources coming online in Aus like AZS havent got a JORC or mining licence. Brines take 7 years to come online and African mines are volatile AF.
PLS will trend up until the end of the deficit and P1000 online and print money from there. A perfect share to hold in SMSF
Good News & Bad News, page-35011
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Last
$2.85 |
Change
-0.150(5.00%) |
Mkt cap ! $8.582B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.98 | $2.83 | $92.31M | 32.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 46000 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 89829 | 11 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |