PLS takeover for LRS is highly positive for WC8, page-52

First 52 Last

Share
Profile

Follow
dolcevita

31,444 Posts.

2085

06/09/24

17:08

Post #: 75565622
Share

What the heck is going on?
It was flat as a tack today.
Glad I stayed away when it was 70-80c and you were talking it up @Ladytradr.

Originally posted by Suni: ↑

Yeah that is a very interesting question. Keeping in mind PLS is not really doing super well right now either. Cash balance is reducing. However the cash balance is big enough to get through this tough period assuming it improves in the future. LRS struggled for funding and the capex/opex matrix for LRS was as good as it gets.

Lower capex, lower opex, less taxes and less royalties than WC8. Way cheaper energy. Bottom line is better from top to bottom and yet a deal with PLS has become the path moving forward.

So much has changed in the last 7 years. This very day PLS would struggle for funding. The price of spod is not very appetising for $1B investment in a shaky sentiment.

We still don't know if the transition to EV will happen as we hope or it will be far slower and protracted which harms the spod price.

At $1200 U.S I think further investment becomes more palatable. Right now it is $800 U.S. Big difference,

Expand

A lot depends on the outcome of the US election.

Last edited by dolcevita: 06/09/24

WC8 Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Almonty Industries – Now it is getting critical!

ASX Market Open: Shares down as Trump threatens 'real end' to Israel-Iran conflict | June 18

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

MEM

Many are concerned about global falling birthrates. This diverse stock has solutions

First 52 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 13.0¢		Change 0.000(0.00%)		Mkt cap ! $174.7M

Open	High	Low	Value	Volume
13.5¢	13.5¢	13.0¢	$8.809K	65.56K

Buyers (Bids)

No.	Vol.	Price($)
12	530795	13.0¢

Sellers (Offers)

Price($)	Vol.	No.
13.5¢	175019	7

View Market Depth

No.	Vol.	Price($)
2	7179	0.145
1	23	0.140
3	49599	0.135
12	553676	0.130
12	1487644	0.125

Price($)	Vol.	No.
0.120	27	2
0.130	57549	6
0.135	109367	2
0.140	361881	8
0.145	474864	9

Last trade - 10.08am 18/06/2025 (20 minute delay)

WC8 (ASX) Chart

PLS takeover for LRS is highly positive for WC8, page-52

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Almonty Industries – Now it is getting critical!

ASX Market Open: Shares down as Trump threatens 'real end' to Israel-Iran conflict | June 18

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

Many are concerned about global falling birthrates. This diverse stock has solutions

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

PLS takeover for LRS is highly positive for WC8, page-52

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Almonty Industries – Now it is getting critical!

ASX Market Open: Shares down as Trump threatens 'real end' to Israel-Iran conflict | June 18

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

Many are concerned about global falling birthrates. This diverse stock has solutions

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News