not really,
it does incorporate growth via production
so no growth via an increase in the spod price. I think we can all agree that there is no growth there. It'll probably stay around $1000 for a couple of years.
However growth in production is another story .....
you see I mentioned that PLS produced 281 kdmt in FY '21 @ $1000 and the share price was $2
it is now producing 660 kmt, double that @ the same price $1079 so the share price should be double what it is ie $4
the aim is to produce 1000 kmt (1m ) in FY '25 say at $1000 you then get a share price of say roughly $6
Now imagine if you double production another 1 m metric tonnes as they say from '28 (P2000) the share price should double again correct?
so we are looking at a $12 share here.
a $12 share trading at $3 today
Spodumene Prices, page-4443
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Last
$2.99 |
Change
0.010(0.34%) |
Mkt cap ! $9.000B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $104.7M | 35.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11874 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 65336 | 3 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |